Napa Valley Art Association

Analysis

Napa Valley Art Association is a registered charity in United States, based in Napa, CA. It received its IRS tax-exemption ruling in December 1953, 73 years ago. 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, Napa Valley Art Association reported income of $320k and spending of $351k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $320k (+245%), an average of +245% a year. The sharpest change came in the year to December 2023, when income rose by 245%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Napa Valley Art Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Tar River Choral and Orchestral Society Inc ($320k), Ensemble Music Society of Indianapolis Inc ($320k) and Osmania University Medical Alumni Association of America Inc ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $28k (7.9% of expenses). At year end it held assets of $183k against liabilities of $1,336, net assets of $182k.