Carmel Gallery Alliance

Analysis

Carmel Gallery Alliance is a registered charity in United States, based in Carmel by the, CA. It received its IRS tax-exemption ruling in May 1999, 27 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 2023, Carmel Gallery Alliance reported income of $138k and spending of $140k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $72k to $138k (+92%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 174611%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carmel Gallery Alliance sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Ballet Ariel Inc ($138k), Friends of the National Museum of Asian Pacific American History and ($138k) and Hyde Park Art Association Inc ($138k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. At year end it held assets of $18k against liabilities of $18k, net assets of -$55.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.