Davis Performing Arts Association

Analysis

Davis Performing Arts Association is a registered charity in United States, based in Centerville, UT. It received its IRS tax-exemption ruling in June 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, Davis Performing Arts Association reported income of $3.4m and spending of $3.9m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.4m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Davis Performing Arts Association sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within UT. Charities of a similar size with the same main cause include Finreglab Inc ($3.4m), The Mobile Museum of Art Inc ($3.4m) and Ensemble Theater ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $85k (2.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $6.0m against liabilities of $2.6m, net assets of $3.4m. It reported 89 employees.