Coalition for African Americans in the Performing Arts Inc

Analysis

Coalition for African Americans in the Performing Arts Inc is a registered charity in United States, based in Ft Washington, MD. It received its IRS tax-exemption ruling in June 2014, 12 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 2022, Coalition for African Americans in the Performing Arts Inc reported income of $479k and spending of $434k, spending 91% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $67k to $479k (+619%), an average of +64% a year. The sharpest change came in the year to December 2020, when income rose by 329%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Coalition for African Americans in the Performing Arts Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Space Coast Symphony Orchestra Inc ($479k), Cave Creek Museum Inc ($479k) and The Haymarket Opera Company NFP ($479k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 91% and program service revenue 12% of the total. It paid $207 in professional fundraising fees. At year end it held assets of $261k against liabilities of $24k, net assets of $237k.