Mill Valley Livearts

Analysis

Mill Valley Livearts is a registered charity in United States, based in Mill Valley, CA. It received its IRS tax-exemption ruling in February 1981, 45 years ago. 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 March 2023, Mill Valley Livearts reported income of $1.2m and spending of $1.5m, spending 117% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.2m to $1.2m (+4.1%), an average of +1.0% a year. The sharpest change came in the year to March 2022, when income rose by 243%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mill Valley Livearts sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Wheels of Independence Inc ($1.2m), Foundation for Hospital Art Inc ($1.2m) and Newtowne School Incorporated ($1.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $487k. It paid $11k in professional fundraising fees. At year end it held assets of $19k against liabilities of $159k, net assets of -$140k. It reported 13 employees.