Arts Benicia Inc

Analysis

Arts Benicia Inc is a registered charity in United States, based in Benicia, CA. It received its IRS tax-exemption ruling in April 1993, 33 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, Arts Benicia Inc reported income of $424k and spending of $365k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $424k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Benicia Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Liya International Performing Arts Foundation ($424k), Pollard Theatre Company ($424k) and Heights Arts Collaborative Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $64k (18% of expenses). Other salaries and wages came to $123k. At year end it held assets of $280k against liabilities of $499, net assets of $279k. It reported 25 employees.