California Bluegrass Asso
Analysis
California Bluegrass Asso is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 2012, 14 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 September 2023, California Bluegrass Asso reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 4 years on record, from December 2019 to September 2023, income grew from $610k to $1.1m (+76%), an average of +21% a year. The sharpest change came in the year to September 2022, when income rose by 54%. Over the whole period it spent 88% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, California Bluegrass Asso sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Building Beats Incorporated ($1.1m), The Pharmacy Gallery & Art Space Inc ($1.1m) and Lufkin Educational Broadcasting Foundation ($1.1m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $709k against liabilities of $50k, net assets of $658k.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 66%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Building Beats Incorporated | Brooklyn | $1.1m |
| The Pharmacy Gallery & Art Space Inc | Springfield | $1.1m |
| Lufkin Educational Broadcasting Foundation | Lufkin | $1.1m |
| Ashtabula Arts Center | Ashtabula | $1.1m |