Santa Cruz Baroque Festival

Analysis

Santa Cruz Baroque Festival is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in March 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 June 2023, Santa Cruz Baroque Festival reported income of $70k and spending of $73k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $61k to $70k (+15%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Cruz Baroque Festival sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include The Citycraft Foundation ($70k), Parent Booster USA Inc ($70k) and Boundless Community Pathways Inc ($70k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 19% of the total. At year end it held assets of $15k against liabilities of $3,863, net assets of $11k.