Legacies of the Pacific

Analysis

Legacies of the Pacific is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in May 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, Legacies of the Pacific reported income of $65k and spending of $112k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $65k (+2.4%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 144% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Legacies of the Pacific sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Lifeart Dance Ensemble ($65k), North American Provincial Council Comhaltas Ceoltoiri Eireann Inc ($65k) and Ellis County Childrens Theater ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.5% of the total. Other salaries and wages came to $12k. At year end it held assets of $0 against liabilities of $0, net assets of $0.

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.