Davis Arts Center

Analysis

Davis Arts Center is a registered charity in United States, based in Davis, CA. It received its IRS tax-exemption ruling in July 1961, 65 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 2024, Davis Arts Center reported income of $445k and spending of $546k, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $605k to $445k (-26%), an average of -7.4% a year. The sharpest change came in the year to June 2023, when income rose by 41%. 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, Davis Arts Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Cultural Heritage Foundation of Southern California Inc ($445k), Comfort and Joy ($445k) and The Heritage Management Organizaton Inc ($445k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 44% of the total. Other salaries and wages came to $147k. At year end it held assets of $973k against liabilities of $102k, net assets of $871k. It reported 11 employees.