Di Rosa Preserve

Analysis

Di Rosa Preserve is a registered charity in United States, based in Napa, CA. It received its IRS tax-exemption ruling in December 2000, 26 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 December 2023, Di Rosa Preserve reported income of $1.1m and spending of $2.0m, spending 174% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.1m (-52%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 138% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Di Rosa Preserve sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Houston Architecture Foundation ($1.1m), Minnesota Center for Book Arts ($1.1m) and North Carolina Black Repertory Company Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $298k (15% of expenses). Other salaries and wages came to $778k. At year end it held assets of $1.1m against liabilities of $3.2m, net assets of -$2.1m. It reported 35 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.