Celebration Arts

Analysis

Celebration Arts is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 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, Celebration Arts reported income of $189k and spending of $242k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $270k to $189k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Celebration Arts sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Chlamydia Basic Research Society ($189k), Bird & Beckett Cultural Legacy Project ($189k) and Loudoun Ballet Performing Arts Company Inc ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 39% of the total. Other salaries and wages came to $39k. At year end it held assets of $36k against liabilities of $437, net assets of $35k. It reported 1 employees.