Bakersfield Foundation

Analysis

Bakersfield Foundation is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in March 1998, 28 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, Bakersfield Foundation reported income of $88k and spending of $164k, spending 187% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $204k to $88k (-57%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 75%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bakersfield Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Clemson Little Theatre ($88k), Scituate Arts Association Inc ($88k) and Calliope Feminist Choir ($88k).

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 $326k against liabilities of $0, net assets of $326k.