Valley Cultural Center

Analysis

Valley Cultural Center is a registered charity in United States, based in Woodland HLS, CA. It received its IRS tax-exemption ruling in December 1975, 51 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, Valley Cultural Center reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $686k to $1.9m (+173%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 141%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Valley Cultural Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Random Farms Kids Theater Inc ($1.9m), Midway Village & Museum Center ($1.9m) and Lorain Civic Center Committee Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $70k (3.8% of expenses). Other salaries and wages came to $49k. At year end it held assets of $381k against liabilities of $379k, net assets of $1,760. It reported 5 employees.