Millbrae Cultural Committee

Analysis

Millbrae Cultural Committee is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 2019, 7 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, Millbrae Cultural Committee reported income of $60k and spending of $65k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $32k to $60k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Millbrae Cultural Committee sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Jazz at Five Inc ($60k), Dance Theatre of Tampa Inc ($60k) and Ursuline Historical Foundation Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.