Mendocino Performing Arts Company Inc

Analysis

Mendocino Performing Arts Company Inc is a registered charity in United States, based in Mendocino, CA. It received its IRS tax-exemption ruling in December 1979, 47 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, Mendocino Performing Arts Company Inc reported income of $335k and spending of $353k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $335k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mendocino Performing Arts Company Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include West Michigan Youth Ballet ($334k), Young Lions Jazz Conservatory ($335k) and Ashland Cable Access Corp ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 52% of the total. Other salaries and wages came to $103k. At year end it held assets of $235k against liabilities of $1,328, net assets of $234k. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.