City Arts and Lectures Inc

Analysis

City Arts and Lectures Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. 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, City Arts and Lectures Inc reported income of $1.8m and spending of $1.8m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.0m to $1.8m (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2022, when income rose by 87%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City Arts and Lectures Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Montgomery Education Foundation ($1.8m), National Alliance of Black School Educators Inc ($1.8m) and Spectrum Building Company ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $347k (19% of expenses). Other salaries and wages came to $172k. At year end it held assets of $5.3m against liabilities of $214k, net assets of $5.1m. It reported 4 employees.