San Francisco Performing Arts Center Foundation

Analysis

San Francisco Performing Arts Center Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1974, 52 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, San Francisco Performing Arts Center Foundation reported income of $2.1m and spending of $2.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $2.1m (-31%), an average of -8.7% a year. The sharpest change came in the year to June 2022, when income rose by 1077%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Francisco Performing Arts Center Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Friends of Southwest Virginia ($2.1m), Black Rock Arts Foundation Inc ($2.1m) and Palace of Fine Arts League Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $821k. At year end it held assets of $3.9m against liabilities of $916k, net assets of $3.0m. It reported 379 employees.