Santa Clara Valley Performing Arts Association

Analysis

Santa Clara Valley Performing Arts Association is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 1993, 33 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 June 2024, Santa Clara Valley Performing Arts Association reported income of $282k and spending of $85k, leaving 70% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $43k to $282k (+555%), an average of +156% a year. The sharpest change came in the year to June 2024, when income rose by 222%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Clara Valley Performing Arts Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Iowa Historical Foundation ($282k), Pulse Percussion Organization ($282k) and Main Line Chinese Culture Center Inc ($282k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $16k (19% of expenses). At year end it held assets of $379k against liabilities of $0, net assets of $379k. It reported 2 employees.