East Bay Performing Arts

Analysis

East Bay Performing Arts is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in April 1993, 33 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 2023, East Bay Performing Arts reported income of $3.1m and spending of $3.7m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.1m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 198%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, East Bay Performing Arts sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Glenwood Cemetery Historic Preservation Foundation ($3.1m), Boca Raton Historical Society Inc ($3.1m) and Society of Biblical Literature ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $277k (7.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.1m against liabilities of $496k, net assets of $3.6m. It reported 317 employees.