California State Summer School Arts Foundation

Analysis

California State Summer School Arts Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2020, 6 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 June 2023, California State Summer School Arts Foundation reported income of $1.7m and spending of $1.1m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $617k to $1.7m (+174%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 151%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, California State Summer School Arts Foundation 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 Quantum Theatre Inc ($1.7m), Muscarelle Museum of Art Foundation ($1.7m) and Leaf Community Arts ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $139k (13% of expenses). Other salaries and wages came to $180k. At year end it held assets of $6.5m against liabilities of $1.1m, net assets of $5.4m. It reported 6 employees.