Performing Arts Consultants Inc

Analysis

Performing Arts Consultants Inc is a registered charity in United States, based in Brick, NJ. It received its IRS tax-exemption ruling in March 1986, 40 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 December 2023, Performing Arts Consultants Inc reported income of $6.9m and spending of $6.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.0m to $6.9m (-37%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Performing Arts Consultants 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 95th percentile within NJ. Charities of a similar size with the same main cause include International Society for Heart & Lung Transplants ($6.9m), William a Farnsworth Library and Art Museum Inc ($6.9m) and Long Island Childrens Museum ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $152k (2.3% of expenses). Other salaries and wages came to $454k. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m. It reported 11 employees.