Sacramento Comedy Spot

Analysis

Sacramento Comedy Spot is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 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 December 2023, Sacramento Comedy Spot reported income of $376k and spending of $409k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $350k to $376k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sacramento Comedy Spot sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Blue Bamboo Center for the Arts Inc ($376k), Southern California Historical Aviation Foundation ($376k) and Hyasa Center ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $64k (16% of expenses). Other salaries and wages came to $92k. At year end it held assets of $325k against liabilities of $0, net assets of $325k. It reported 5 employees.