Unity Performing Arts Foundation Inc

Analysis

Unity Performing Arts Foundation Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2024, Unity Performing Arts Foundation Inc reported income of $1.5m and spending of $1.1m, leaving 30% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $1.5m (+6.7%), an average of +1.3% a year. The sharpest change came in the year to June 2023, when income rose by 280%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Unity Performing Arts Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Association for Applied Sport Psychology ($1.5m), The Family Effect ($1.5m) and Savannah Philharmonic Corporation ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Other salaries and wages came to $306k. It paid $274 in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $586k, net assets of $1.3m. It reported 11 employees.