Butte Center for the Performing Arts Inc

Analysis

Butte Center for the Performing Arts Inc is a registered charity in United States, based in Butte, MT. It received its IRS tax-exemption ruling in June 1996, 30 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 June 2024, Butte Center for the Performing Arts Inc reported income of $828k and spending of $914k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $623k to $828k (+33%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 69%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Butte Center for the Performing Arts Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within MT. Charities of a similar size with the same main cause include Heights Foundation Inc ($827k), George Weyerhaeuser Pacific Rim Bonsai Collection a Nonprofit Corp ($828k) and Boonescreek Historical Trust ($827k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 46% of the total. Other salaries and wages came to $262k. At year end it held assets of $2.6m against liabilities of $125k, net assets of $2.5m. It reported 33 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.