Arts, Culture & Humanities
(A250)
IRS Verified
DX Registered
990 on File
CALIFORNIA INSTITUTE OF THE ARTS
Financial strength (30%)
86/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$119.6M
Total Revenue
$113.5M
Total Expenses
$298.6M
Net Assets
1908
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
81.9%
Fundraising Efficiency
N/A
Operating Reserve
31.56x
Liability-to-Asset
15.8%
Revenue Diversification
71.7%
Executive Compensation
$1.4M
Compared with Peers
FY 2023
Compared with 39 similar organizations
(United States, Arts, Culture & Humanities, $100M and over in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.9% | 79.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.2% | 14.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.9% | 4.3% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
31.6 mo | 31.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
15.8% | 22.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
71.7% | 71.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-2.6% | 1.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.6% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.0% | 0.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $119.6M | $113.5M | $298.6M | 81.9% | 1908 |
| 2022 | $122.8M | $106.5M | $286.1M | 83.9% | 1681 |
| 2021 | $126.9M | $85.1M | N/A | — | 1743 |
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