Paso Robles Youth Arts Center

Analysis

Paso Robles Youth Arts Center is a registered charity in United States, based in Paso Robles, CA. It received its IRS tax-exemption ruling in June 2020, 6 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 December 2023, Paso Robles Youth Arts Center reported income of $445k and spending of $657k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $445k (-66%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 62%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Paso Robles Youth Arts Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Northeast Minneapolis Arts Assoc ($445k), Brattleboro Museum and Art Center Inc ($445k) and Lincoln County Historical Society ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 16% of the total. Other salaries and wages came to $336k. At year end it held assets of $2.2m against liabilities of $42k, net assets of $2.1m. It reported 29 employees.