Crescendo Performing Arts Academyinc

Analysis

Crescendo Performing Arts Academyinc is a registered charity in United States, based in San Dimas, CA. It received its IRS tax-exemption ruling in January 2008, 18 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, Crescendo Performing Arts Academyinc reported income of $84k and spending of $46k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $84k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Crescendo Performing Arts Academyinc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Mosaic Harmony ($84k), S C R a P Gallery ($84k) and Grosse Pointe Yacht Club Foundation ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.