Basin Street Regulars

Analysis

Basin Street Regulars is a registered charity in United States, based in Santa Maria, CA. It received its IRS tax-exemption ruling in June 2022, 4 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 December 2023, Basin Street Regulars reported income of $110k and spending of $213k, spending 194% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $21k to $110k (+412%), an average of +126% a year. The sharpest change came in the year to December 2022, when income rose by 608%. Over the whole period it spent 133% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Basin Street Regulars sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Austintown Band Parents Club ($110k), San Joaquin Kannada Sangha ($110k) and Vintage Fire Museum and Safety Education Center Inc ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 13% of the total. At year end it held assets of $281k against liabilities of $0, net assets of $281k.