Infinity Visual and Performing Arts Inc

Analysis

Infinity Visual and Performing Arts Inc is a registered charity in United States, based in Jamestown, NY. It received its IRS tax-exemption ruling in October 2005, 21 years ago. 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 August 2023, Infinity Visual and Performing Arts Inc reported income of $763k and spending of $713k, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $559k to $763k (+36%), an average of +8.1% a year. The sharpest change came in the year to August 2022, when income rose by 83%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Infinity Visual and Performing Arts Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Crawford Foundation Inc ($763k), Preston Center of Compassion Inc ($763k) and Orrville United Way Inc ($763k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $76k (11% of expenses). Other salaries and wages came to $348k. At year end it held assets of $1.6m against liabilities of $644k, net assets of $1.0m. It reported 43 employees.