Epacenter

Analysis

Epacenter is a registered charity in United States, based in E Palo Alto, CA. It received its IRS tax-exemption ruling in July 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Epacenter reported income of $2.9m and spending of $2.9m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.7m to $2.9m (+75%), an average of +15% a year. The sharpest change came in the year to August 2022, when income rose by 172%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Epacenter sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Northern Minnesota Public Television ($2.9m), Middleton Place Foundation ($2.9m) and Door County Maritime Museum & Lighthouse Preservation Society in ($2.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 92% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $217k (7.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $32.4m against liabilities of $230k, net assets of $32.1m. It reported 95 employees.