Palm Springs Community Concert Association

Analysis

Palm Springs Community Concert Association is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in March 1967, 59 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 2024, Palm Springs Community Concert Association reported income of $82k and spending of $90k, spending 110% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $52k to $82k (+58%), an average of +58% a year. The sharpest change came in the year to June 2024, when income rose by 58%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Palm Springs Community Concert Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Rosenfeld Org Inc ($82k), Hai Foundation ($82k) and Lime Rock Foundation ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.