Golden Gate Performing Arts

Analysis

Golden Gate Performing Arts is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1980, 46 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 August 2023, Golden Gate Performing Arts reported income of $5.4m and spending of $4.0m, leaving 27% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $8.7m to $5.4m (-38%), an average of -11% a year. The sharpest change came in the year to August 2022, when income rose by 128%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Golden Gate Performing Arts sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Theater League Inc ($5.4m), Howard County Childrens Center Inc ($5.4m) and National Art Education Association ($5.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 74% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $212k (5.3% of expenses). Other salaries and wages came to $823k. At year end it held assets of $17.0m against liabilities of $5.8m, net assets of $11.2m. It reported 10 employees.