Long Beach Blues Society

Analysis

Long Beach Blues Society is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in November 2018, 8 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, Long Beach Blues Society reported income of $79k and spending of $98k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $79k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Long Beach Blues Society sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Shandaken Theatrical Society Inc ($79k), Symphony Orchestra of Northern Virginia Inc ($79k) and Ozark Research Institute Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. At year end it held assets of $3,367 against liabilities of $1,714, net assets of $1,653.