Youth Excellence Performing Arts Workshop

Analysis

Youth Excellence Performing Arts Workshop is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in February 2005, 21 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 2022, Youth Excellence Performing Arts Workshop reported income of $154k and spending of $197k, spending 127% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $213k to $154k (-27%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth Excellence Performing Arts Workshop sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Russell County Historical Commission ($154k), Key City Creative Center ($154k) and Con Brio Choral Society Inc ($154k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 82% and program service revenue 16% of the total. Other salaries and wages came to $60k. At year end it held assets of $11k against liabilities of $25k, net assets of -$14k. It reported 3 employees.