Monterey County Pops Inc

Analysis

Monterey County Pops Inc is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in October 1985, 41 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 May 2023, Monterey County Pops Inc reported income of $225k and spending of $205k, spending 91% of its income. Across the 3 years on record, from May 2019 to May 2023, income grew from $197k to $225k (+14%), an average of +6.8% a year. The sharpest change came in the year to May 2023, when income rose by 71%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Monterey County Pops Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Hazleton Art League Inc ($225k), Charleston County Parks Foundation Inc ($225k) and Blue Trolley Inc ($225k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $18k (8.9% of expenses). At year end it held assets of $277k against liabilities of $0, net assets of $277k.