Golden Thread Productions

Analysis

Golden Thread Productions is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2002, 24 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, Golden Thread Productions reported income of $491k and spending of $666k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $554k to $491k (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Golden Thread Productions sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Mahogany Project ($491k), Chicago Dancemakers Forum ($491k) and The Council of Educators in Landscape Architecture Incorporate ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $72k (11% of expenses). Other salaries and wages came to $252k. At year end it held assets of $705k against liabilities of $61k, net assets of $644k. It reported 15 employees.