El Sistema Santa Cruz

Analysis

El Sistema Santa Cruz is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in August 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 2023, El Sistema Santa Cruz reported income of $1.1m and spending of $625k, leaving 41% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $434k to $1.1m (+145%), an average of +56% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, El Sistema Santa Cruz 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 Youth Symphony Association of Kansas City Inc ($1.1m), San Francisco Architectural Heritage ($1.1m) and The Country Playhouse Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $49k (7.8% of expenses). At year end it held assets of $738k against liabilities of $30, net assets of $738k. It reported 12 employees.