Old Spanish Days

Analysis

Old Spanish Days is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in March 1947, 79 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Old Spanish Days reported income of $1.6m and spending of $1.3m, spending 84% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.3m to $1.6m (+27%), an average of +6.1% a year. The sharpest change came in the year to October 2021, when income rose by 169%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Old Spanish Days sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Growing Community Media NFP ($1.6m), Prorodeo Hall of Fame and Museum of the American Cowboy ($1.6m) and Whatcom Museum Foundation ($1.6m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 81% and program service revenue 12% of the total. Other salaries and wages came to $73k. At year end it held assets of $2.4m against liabilities of $205k, net assets of $2.2m. It reported 3 employees.