City Lights Performance Group of San Jose Inc

Analysis

City Lights Performance Group of San Jose Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 1984, 42 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, City Lights Performance Group of San Jose Inc reported income of $897k and spending of $1.4m, spending 155% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.1m to $897k (-18%), an average of -4.8% a year. The sharpest change came in the year to August 2022, when income rose by 84%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, City Lights Performance Group of San Jose Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include The Legacy Arts Project Inc ($897k), Holualoa Foundation for Arts and Culture ($897k) and Society for the Preservation of Long Island Antiquities Inc ($897k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 73% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $332k (24% of expenses). Other salaries and wages came to $403k. It paid $300 in professional fundraising fees. At year end it held assets of $364k against liabilities of $393k, net assets of -$28k. It reported 42 employees.