Blue Bear School of Music

Analysis

Blue Bear School of Music is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1985, 41 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blue Bear School of Music reported income of $1.5m and spending of $1.8m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.5m (-13%), an average of -3.4% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blue Bear School of Music sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Onondaga Historical Association ($1.5m), Tayba Foundation ($1.5m) and Kneisel Hall ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $106k (5.9% of expenses). Other salaries and wages came to $952k. At year end it held assets of $961k against liabilities of $189k, net assets of $773k. It reported 76 employees.