Pacific Chorale

Analysis

Pacific Chorale is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in July 1969, 57 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, Pacific Chorale reported income of $2.7m and spending of $3.0m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.7m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 131%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pacific Chorale sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Battery Conservancy Inc ($2.7m), The Arts Campus at Willits ($2.7m) and Theiss Research ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $281k (9.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $9.5m against liabilities of $292k, net assets of $9.2m. It reported 89 employees.