Sierra School of Performing Arts

Analysis

Sierra School of Performing Arts is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in December 2006, 20 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 December 2023, Sierra School of Performing Arts reported income of $227k and spending of $160k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $193k to $227k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sierra School of Performing Arts sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 61st percentile within NV. Charities of a similar size with the same main cause include Clog -The National Clogging Leaders Organization Inc- ($227k), Mivos Quartet Performing Arts Inc ($227k) and Opera Index Inc ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 59% of the total. At year end it held assets of $322k against liabilities of $5,285, net assets of $317k.