Berkeley Art Center Association

Analysis

Berkeley Art Center Association is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Berkeley Art Center Association reported income of $279k and spending of $342k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $279k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Berkeley Art Center Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Actors Bridge Ensemble Theater of Nashville Inc ($279k), Mayflower Society House Endowment Fund ($279k) and United States Open Music Competition ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $180k (53% of expenses). Other salaries and wages came to $9,808. At year end it held assets of $166k against liabilities of $121k, net assets of $45k. It reported 3 employees.