Portuguese Band of San Jose

Analysis

Portuguese Band of San Jose is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 1981, 45 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 September 2023, Portuguese Band of San Jose reported income of $179k and spending of $182k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $359k to $179k (-50%), an average of -16% a year. The sharpest change came in the year to September 2020, when income dropped by 65%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Portuguese Band of San Jose sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include North Carolina Whirligig Festival ($179k), Northwest Association of Performing Arts ($179k) and Aim-Arts in McNairy ($179k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 137% of the total. At year end it held assets of $1.1m against liabilities of $875k, net assets of $239k.