Mendocino Art Center Inc

Analysis

Mendocino Art Center Inc is a registered charity in United States, based in Mendocino, CA. It received its IRS tax-exemption ruling in January 1962, 64 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mendocino Art Center Inc reported income of $522k and spending of $683k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $997k to $522k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 40%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mendocino Art Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Society of Plastics Engineers ($522k), Columbia Center for Theatrical Arts Inc ($522k) and San Luis Rey Mission Indian Foundation ($522k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 21% of the total. Other salaries and wages came to $243k. At year end it held assets of $956k against liabilities of $205k, net assets of $751k. It reported 12 employees.