Gabriela Lena Frank Creative Academy for Music

Analysis

Gabriela Lena Frank Creative Academy for Music is a registered charity in United States, based in Boonville, CA. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gabriela Lena Frank Creative Academy for Music reported income of $442k and spending of $441k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $815k to $442k (-46%), an average of -26% a year. The sharpest change came in the year to December 2023, when income rose by 142%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gabriela Lena Frank Creative Academy for Music 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 Koreanamericanstoryorg Inc ($442k), Zocalo Public Square ($443k) and Thin Air Community Radio ($442k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $112k (25% of expenses). Other salaries and wages came to $19k. At year end it held assets of $442k against liabilities of -$15k, net assets of $457k. It reported 3 employees.