Old First Center for the Arts

Analysis

Old First Center for the Arts is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1983, 43 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 December 2023, Old First Center for the Arts reported income of $180k and spending of $192k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $228k to $180k (-21%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Old First Center for the Arts sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include PTA Florida Congress ($180k), National Association for Presiding Judges and Court Executive Officer ($180k) and Utah Debate Commission ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 52% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.