Jiva Performing Arts

Analysis

Jiva Performing Arts is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in April 2010, 16 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, Jiva Performing Arts reported income of $162k and spending of $108k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $164k to $162k (-1.2%), an average of -1.2% a year. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jiva Performing Arts sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Nwi Dance Parents Association Inc ($162k), Belmont Chapel Foundation ($162k) and Stravinsky Institute Foundation Inc ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $273k against liabilities of $3,873, net assets of $269k.