Yerba Buena Arts & Events

Analysis

Yerba Buena Arts & Events is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 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 (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, Yerba Buena Arts & Events reported income of $2.1m and spending of $1.8m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.1m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yerba Buena Arts & Events sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Dance Place ($2.1m), Honest Reporting Com Inc ($2.1m) and Real Presence Radio ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% of the total. Compensation of current officers, directors and key employees was $187k (10% of expenses). Other salaries and wages came to $581k. It paid $31k in professional fundraising fees. At year end it held assets of $3.6m against liabilities of $601k, net assets of $3.0m. It reported 26 employees.