Access Monterey Peninsula Inc

Analysis

Access Monterey Peninsula Inc is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in September 1999, 27 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, Access Monterey Peninsula Inc reported income of $590k and spending of $567k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $639k to $590k (-7.7%), an average of -2.0% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Access Monterey Peninsula Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Frontier Days Inc ($590k), Road Less Traveled Productions Ltd ($590k) and Global Heritage Fund ($590k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $131k (23% of expenses). Other salaries and wages came to $177k. At year end it held assets of $977k against liabilities of $767k, net assets of $210k. It reported 9 employees.