Friends of the Performing Arts Center Inc

Analysis

Friends of the Performing Arts Center Inc is a registered charity in United States, based in Middleton, WI. It received its IRS tax-exemption ruling in March 2005, 21 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Performing Arts Center Inc reported income of $130k and spending of $111k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $31k to $130k (+319%), an average of +105% a year. The sharpest change came in the year to December 2022, when income rose by 178%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Performing Arts Center Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within WI. Charities of a similar size with the same main cause include St Louis Irish Arts ($130k), Fremont Arts Council ($130k) and Westside Community Association of Bartlesville Oklahoma ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 87% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.