Noontime Concerts

Analysis

Noontime Concerts is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1994, 32 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 (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, Noontime Concerts reported income of $64k and spending of $373k, spending 587% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $129k to $64k (-51%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 296% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Noontime Concerts sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include The Miracle Foundation of Arts & Academics Inc ($64k), Classical Association of Connecticut Inc ($64k) and New Players Theatre Guild Inc ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $45k (12% of expenses). Other salaries and wages came to $97k. It paid $7,211 in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $95k, net assets of $1.0m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.