Bay Area Creative Foundation

Analysis

Bay Area Creative Foundation is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in September 2020, 6 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 June 2024, Bay Area Creative Foundation reported income of $602k and spending of $705k, spending 117% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $678k to $602k (-11%), an average of -5.7% a year. 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, Bay Area Creative Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Cafa Third Horizon Inc ($602k), Perlman Music Program Inc ($603k) and Community Access Television for Malden Inc ($602k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $156k (22% of expenses). Other salaries and wages came to $136k. At year end it held assets of $178k against liabilities of $12k, net assets of $166k. It reported 4 employees.