Golden Performing Arts Center a California Nonprofit Benefit Corp

Analysis

Golden Performing Arts Center a California Nonprofit Benefit Corp is a registered charity in United States, based in Canoga Park, CA. It received its IRS tax-exemption ruling in February 2003, 23 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 December 2023, Golden Performing Arts Center a California Nonprofit Benefit Corp reported income of $479k and spending of $429k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $493k to $479k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Golden Performing Arts Center a California Nonprofit Benefit Corp sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Adopt the Arts Foundation ($479k), Blackstone River Valley National Heritage Corridor Inc ($479k) and Hyde Park Jazz Festival ($479k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. At year end it held assets of $70k against liabilities of $35k, net assets of $35k.