Deane Center for the Performingarts Inc

Analysis

Deane Center for the Performingarts Inc is a registered charity in United States, based in Wellsboro, PA. It received its IRS tax-exemption ruling in June 2007, 19 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 December 2023, Deane Center for the Performingarts Inc reported income of $257k and spending of $433k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $376k to $257k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Deane Center for the Performingarts Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Sandy Bodecker Project Inc ($257k), Millersburg Ferry Boat Assoc ($257k) and Checkerboard Foundation Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $60k (14% of expenses). Other salaries and wages came to $69k. At year end it held assets of $3.9m against liabilities of $301k, net assets of $3.6m. It reported 8 employees.