Peoples Conservatory

Analysis

Peoples Conservatory is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in February 2024, 2 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 2020, Peoples Conservatory reported income of $285k and spending of $343k, spending 120% of what it took in. The sharpest change came in the year to December 2019, when income rose by 16%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peoples Conservatory sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Flying Gravity Circus ($285k), Kearny Street Workshop Inc ($285k) and Israeli Chamber Project Inc ($285k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $55k (16% of expenses). Other salaries and wages came to $229k. At year end it held assets of $37k against liabilities of $95k, net assets of -$58k. It reported 27 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.