National Performance Network Inc

Analysis

National Performance Network Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in February 1999, 27 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, National Performance Network Inc reported income of $7.0m and spending of $4.2m, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.9m to $7.0m (+2.0%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 255%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Performance Network Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include Chinese Culture Foundation of San Francisco ($7.0m), Internatinal Council of Scientific Unions ($7.0m) and Remnant Publications Inc ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $137k (3.3% of expenses). Other salaries and wages came to $877k. It paid $6,800 in professional fundraising fees. At year end it held assets of $11.0m against liabilities of $1.2m, net assets of $9.9m. It reported 15 employees.