Lincoln Park Performing Arts Center

Analysis

Lincoln Park Performing Arts Center is a registered charity in United States, based in Midland, PA. It received its IRS tax-exemption ruling in May 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lincoln Park Performing Arts Center reported income of $14.3m and spending of $13.4m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.6m to $14.3m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lincoln Park Performing Arts Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Gettysburg Foundation ($14.3m), Salvador Dali Museum Inc ($14.4m) and Bric Arts Media Bklyn Inc ($14.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $581k (4.3% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $41.1m against liabilities of $20.0m, net assets of $21.1m. It reported 134 employees.