Rose Blumkin Performing Arts Center Foundation

Analysis

Rose Blumkin Performing Arts Center Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in September 1994, 32 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Rose Blumkin Performing Arts Center Foundation reported income of $1.0m and spending of $1.8m, spending 170% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $792k to $1.0m (+32%), an average of +7.2% a year. The sharpest change came in the year to May 2023, when income rose by 1448%. Over the whole period it spent 308% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rose Blumkin Performing Arts Center Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within NE. Charities of a similar size with the same main cause include American Institute for Behavioral Research and Technology ($1.0m), Christian Ministries of the Valley Inc ($1.0m) and Healdsburg Jazz Festival Inc ($1.0m).

At year end it held assets of $34.5m against liabilities of $65k, net assets of $34.5m.

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.