Pennsylvania Theatre of Performing Arts

Analysis

Pennsylvania Theatre of Performing Arts is a registered charity in United States, based in Hazleton, PA. It received its IRS tax-exemption ruling in May 1998, 28 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, Pennsylvania Theatre of Performing Arts reported income of $121k and spending of $117k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $121k (+313%), an average of +313% a year. The sharpest change came in the year to December 2023, when income rose by 313%. Over the whole period it spent 130% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pennsylvania Theatre of Performing Arts sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Blair Center for the Arts ($121k), Gohan Society ($121k) and Ebenezer Maxwell Mansion Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 50% of the total. At year end it held assets of $163k against liabilities of $120k, net assets of $44k.