Glendale Arts

Analysis

Glendale Arts is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in October 1993, 33 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, Glendale Arts reported income of $226k and spending of $382k, spending 169% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $226k (-90%), an average of -44% a year. The sharpest change came in the year to June 2022, when income rose by 118%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Glendale Arts sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Hancock County Childrens Choir Ltd ($226k), Friends Of@levitt Pavilion San Jose ($226k) and Happendance Inc ($226k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $183k. At year end it held assets of $658k against liabilities of $567k, net assets of $91k. It reported 3 employees.