Stowe Performing Arts Inc

Analysis

Stowe Performing Arts Inc is a registered charity in United States, based in Stowe, VT. It received its IRS tax-exemption ruling in May 1977, 49 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 August 2023, Stowe Performing Arts Inc reported income of $265k and spending of $275k, spending 104% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $218k to $265k (+22%), an average of +22% a year. The sharpest change came in the year to August 2023, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stowe Performing Arts Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 51st percentile within VT. Charities of a similar size with the same main cause include Academy of Music Outreach ($265k), The San Francisco International Orff Course Incorporated ($266k) and Friends of the Kotzschmar Organ Inc ($265k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $41k. At year end it held assets of $45k against liabilities of $20k, net assets of $25k. It reported 1 employees.