Naples Performing Arts Center Inc

Analysis

Naples Performing Arts Center Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in July 2015, 11 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, Naples Performing Arts Center Inc reported income of $496k and spending of $521k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $569k to $496k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Naples Performing Arts Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include K C Clay Guild ($496k), Central Dakota Enterprises Inc ($496k) and Skylark Vocal Ensemble Inc ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $161k (31% of expenses). At year end it held assets of $19k against liabilities of $25k, net assets of -$5,852. It reported 5 employees.