Piedmont Center for the Arts Incorporated

Analysis

Piedmont Center for the Arts Incorporated is a registered charity in United States, based in Piedmont, CA. It received its IRS tax-exemption ruling in May 2011, 15 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 2023, Piedmont Center for the Arts Incorporated reported income of $84k and spending of $104k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $84k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Piedmont Center for the Arts Incorporated 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 34th percentile within CA. Charities of a similar size with the same main cause include Strongsville Schools Instrumental Music Boosters ($84k), Mountain Laurel Autoharp Gathering Inc ($84k) and Small Wonder Puppet Theatre Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 45% of the total. At year end it held assets of $377k against liabilities of $3,585, net assets of $373k.