Sacramento Fine Arts Center
Analysis
Sacramento Fine Arts Center is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in November 1986, 40 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 Fine Arts Center reported income of $213k and spending of $198k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $189k to $213k (+13%), an average of +13% a year. 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, Sacramento Fine Arts Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Peninsula Art Guild ($213k), Heart of Dance ($213k) and Sonoma Conservatory of Dance ($213k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $47k (24% of expenses). Other salaries and wages came to $19k. At year end it held assets of $138k against liabilities of $8,692, net assets of $129k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 49%
- Program services 30%
- Other 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Peninsula Art Guild | Kenai | $213k |
| Heart of Dance | Newport | $213k |
| Sonoma Conservatory of Dance | Sonoma | $213k |
| New Amsterdam Presents Inc | Brooklyn | $213k |