Sonoma Valley Authors Festival

Analysis

Sonoma Valley Authors Festival is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sonoma Valley Authors Festival reported income of $1.0m and spending of $1.2m, spending 113% of what it took in. Across the 4 years on record, from May 2021 to December 2023, income grew from $219k to $1.0m (+373%), an average of +68% a year. The sharpest change came in the year to December 2022, when income rose by 160%. 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, Sonoma Valley Authors Festival sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Los Angeles Center of Photography ($1.0m), Log Cabin Literary Center Inc ($1.0m) and The Spartan Junior Drum and Bugle Corps Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $262k against liabilities of $518k, net assets of -$256k.