Center for Photographic Art

Analysis

Center for Photographic Art is a registered charity in United States, based in Carmel, CA. It received its IRS tax-exemption ruling in April 1989, 37 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 December 2023, Center for Photographic Art reported income of $677k and spending of $502k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $330k to $677k (+105%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Photographic Art sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Christian Broadcasting Ministries ($677k), Motus Theater ($678k) and Oceanside Community Service Television Corporation ($677k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 23% of the total. Other salaries and wages came to $163k. At year end it held assets of $1.2m against liabilities of $20k, net assets of $1.2m. It reported 3 employees.