Arts and Culture El Dorado

Analysis

Arts and Culture El Dorado is a registered charity in United States, based in Placerville, CA. It received its IRS tax-exemption ruling in October 1989, 37 years ago. 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 June 2023, Arts and Culture El Dorado reported income of $329k and spending of $306k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $315k to $329k (+4.4%), an average of +1.1% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arts and Culture El Dorado sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Bellevue Hospital Foundation ($329k), Equal Representation of Mediaadvocacy Corporation ($329k) and 2c8 Corporation ($329k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $77k (25% of expenses). Other salaries and wages came to $70k. At year end it held assets of $90k against liabilities of $47k, net assets of $43k. It reported 5 employees.