Storrier Stearns Garden

Analysis

Storrier Stearns Garden is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Storrier Stearns Garden reported income of $204k and spending of $256k, spending 126% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $242k to $204k (-16%), an average of -5.6% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Storrier Stearns Garden sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Palo Alto Chinese School ($203k), Ukrainian American Citizens Association ($204k) and Upstream Theater ($203k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $114k (45% of expenses). At year end it held assets of $130k against liabilities of $261k, net assets of -$131k.