Gotham Performing Arts Inc

Analysis

Gotham Performing Arts Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Gotham Performing Arts Inc reported income of $177k and spending of $203k, spending 115% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $89k to $177k (+99%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gotham Performing Arts Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Kittery Art Association ($176k), Virginia Trust for Historic Preservation ($177k) and Little Theatre of Fall River Inc ($176k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 20% of the total. At year end it held assets of $26k against liabilities of $53k, net assets of -$27k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.