Gualala Arts

Analysis

Gualala Arts is a registered charity in United States, based in Gualala, CA. It received its IRS tax-exemption ruling in January 1966, 60 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 December 2023, Gualala Arts reported income of $917k and spending of $790k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $910k to $917k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gualala Arts sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Ragamala Dance ($916k), Society of Asian Scientists and Engineers ($917k) and Little Buckeye Childrens Museum ($916k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $87k (11% of expenses). Other salaries and wages came to $125k. At year end it held assets of $2.7m against liabilities of $132k, net assets of $2.6m. It reported 7 employees.