Tahoe Arts Project

Analysis

Tahoe Arts Project is a registered charity in United States, based in S Lake Tahoe, CA. It received its IRS tax-exemption ruling in September 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, Tahoe Arts Project reported income of $244k and spending of $155k, leaving 36% of income unspent that year. Across the 2 years on record, from June 2019 to June 2023, income fell from $274k to $244k (-11%), an average of -11% a year. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tahoe Arts Project sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Blind Service Association Trust Fund the Northern Trust Co ($244k), Community Services Foundation of Cecil County Inc ($244k) and Lake Zurich Flames Junior Football ($244k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $83k (53% of expenses). At year end it held assets of $416k against liabilities of $6,647, net assets of $410k. It reported 2 employees.