Desert Art Center of Coachella Valley Inc

Analysis

Desert Art Center of Coachella Valley Inc is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in September 1959, 67 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 June 2023, Desert Art Center of Coachella Valley Inc reported income of $296k and spending of $276k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $245k to $296k (+21%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 21%. 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, Desert Art Center of Coachella Valley Inc 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 61st percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Decatur Makers Inc ($296k), Festa Italiana ($296k) and Sones de Mexico Ensemble ($296k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $29k. At year end it held assets of $120k against liabilities of $5,082, net assets of $115k. It reported 2 employees.