Studio Channel Islands Art Center

Analysis

Studio Channel Islands Art Center is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in October 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 December 2023, Studio Channel Islands Art Center reported income of $686k and spending of $677k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $466k to $686k (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Studio Channel Islands Art Center 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 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Lukaba Productions ($686k), Syracuse Jazzfest Production Inc ($686k) and Nia Cultural Center ($686k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $143k (21% of expenses). At year end it held assets of $336k against liabilities of $202k, net assets of $134k. It reported 2 employees.