AArts, Culture & HumanitiesEIN: 952834871· Ruling Year: 1973

Friends Of The Cultural Center Inc

Palm Desert, California

AHealth Score
88A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.70×
Peer Median4.61×
💰
$19.4M
Total Revenue
📊
$16.8M
Total Expenses
🏦
$45.4M
Net Assets
📋
$11.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.1%
Year-over-year change (2022 → 2023)
Net Margin
+13.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.70
Net assets divided by total expenses
Liabilities-to-Assets
20.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$19,366,7655%$16,824,75216%$57,288,15419%
2022$20,407,526105%$14,541,335142%$48,047,8975%
2021$9,942,81835%$6,008,37758%$45,749,72715%
2020$15,409,48414%$14,290,4151%$39,803,6528%
2019$17,962,0295%$14,373,9383%$36,775,70212%
2018$17,045,70213%$14,801,1868%$32,920,37613%
2017$15,062,5772%$13,663,1604%$29,087,4016%
2016$15,358,6937%$13,151,5919%$27,434,6479%
2015$14,405,6554%$12,025,8772%$25,083,37814%
2014$13,851,54212%$12,222,4375%$21,976,3859%
2013$12,369,05416%$11,619,7698%$20,089,513
2012$10,694,5342%$10,790,1332%$19,989,6105%
2011$10,457,163$10,568,685$19,047,802

Frequently Asked Questions

What does Friends Of The Cultural Center Inc do?

Friends Of The Cultural Center Inc is a arts, culture & humanities nonprofit organization based in California. It is classified under NTEE code A610 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friends Of The Cultural Center Inc financially healthy?

Based on our 9-metric Financial Health Score model, Friends Of The Cultural Center Inc has a score of 88/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Friends Of The Cultural Center Inc generate?

Friends Of The Cultural Center Inc reports $23.3M in annual revenue and holds $62.9M in total assets, based on IRS filings.

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