Embarcadero Media Foundation

Analysis

Embarcadero Media Foundation is a registered charity in United States, based in Palo Alto, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Embarcadero Media Foundation reported income of $1.3m and spending of $1.1m, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $631k to $1.3m (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Embarcadero Media Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Attack Theatre Incorporated ($1.3m), Cathedral Choral Society of Washington DC Washington Cathedral ($1.3m) and Ising Silicon Valley ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $1.1m, net assets of $266k.