Central Valley Center for the Arts Inc

Analysis

Central Valley Center for the Arts Inc is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in August 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 supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Central Valley Center for the Arts Inc reported income of $736k and spending of $637k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $736k (-75%), an average of -29% a year. The sharpest change came in the year to June 2022, when income rose by 212%. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Central Valley Center for the Arts Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Teatro Circulo Ltd ($735k), Woodlands Trust for Historic Preservation ($736k) and Richmond Triangle Players ($735k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $32.2m against liabilities of $28k, net assets of $32.2m.