Pacific Art League of Palo Alto

Analysis

Pacific Art League of Palo Alto is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in August 1943, 83 years ago. 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 July 2023, Pacific Art League of Palo Alto reported income of $478k and spending of $609k, spending 127% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.3m to $478k (-64%), an average of -23% a year. The sharpest change came in the year to July 2023, when income dropped by 54%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pacific Art League of Palo Alto sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Isabella County Child Advocacy Center ($478k), South County Economic Development Council ($478k) and The National Organization to End Pet Overpopulation Inc ($478k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 11% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $98k (16% of expenses). Other salaries and wages came to $80k. At year end it held assets of $5.9m against liabilities of $3.6m, net assets of $2.3m. It reported 19 employees.