Pacific International Choral Festiv

Analysis

Pacific International Choral Festiv is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in October 2001, 25 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 September 2023, Pacific International Choral Festiv reported income of $209k and spending of $90k, leaving 57% of income unspent that year. Across the 5 years on record, from June 2019 to September 2023, income fell from $224k to $209k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to September 2023, when income rose by 290%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pacific International Choral Festiv sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OR. Charities of a similar size with the same main cause include Bahama Village Music Program Inc ($209k), Mandarin Institute ($209k) and Island Breeze Ministries ($209k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $21k (23% of expenses). Other salaries and wages came to $6,150. At year end it held assets of $125k against liabilities of $18k, net assets of $107k. It reported 2 employees.