Santa Cruz Art League Inc

Analysis

Santa Cruz Art League Inc is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in October 1949, 77 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, Santa Cruz Art League Inc reported income of $202k and spending of $246k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $279k to $202k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Cruz Art League Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Florida Federation of Music Clubs Inc ($202k), Fred Oldfield Western Heritage and Art Center ($202k) and On Our Own of Roanoke Valley Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 49% of the total. Other salaries and wages came to $110k. At year end it held assets of $379k against liabilities of $7,817, net assets of $371k. It reported 6 employees.