Art Docents of Los Gatos Inc

Analysis

Art Docents of Los Gatos Inc is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Art Docents of Los Gatos Inc reported income of $80k and spending of $56k, leaving 29% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $74k to $80k (+7.4%), an average of +7.4% a year. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Docents of Los Gatos Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Oklahoma Grocers Education Foundation ($80k), Glastonbury Arts Inc ($80k) and Studio 3 NC Inc ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $300k against liabilities of $40k, net assets of $259k.