Laguna Plein Air Painters Association

Analysis

Laguna Plein Air Painters Association is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in September 2006, 20 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, Laguna Plein Air Painters Association reported income of $621k and spending of $704k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $621k (+439%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 159%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Laguna Plein Air Painters Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Buffalo Niagara Heritage Village ($620k), Sound View Community Media Inc ($621k) and Top Billing Entertainment Performance Academy ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $119k (17% of expenses). At year end it held assets of $316k against liabilities of $170k, net assets of $146k. It reported 2 employees.