Bradford Creative and Performing Arts Center Inc

Analysis

Bradford Creative and Performing Arts Center Inc is a registered charity in United States, based in Bradford, PA. It received its IRS tax-exemption ruling in October 1978, 48 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 2023, Bradford Creative and Performing Arts Center Inc reported income of $217k and spending of $307k, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $273k to $217k (-21%), an average of -5.6% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bradford Creative and Performing Arts Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Kinding Sindaw Heritage Foundation Inc ($217k), Davis Shakespeare Ensemble Inc ($217k) and Layerhythm Productions Inc ($217k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $66k (22% of expenses). Other salaries and wages came to $41k. At year end it held assets of $886k against liabilities of $70k, net assets of $816k. It reported 2 employees.