Hancock County Performing Arts Center Foundation

Analysis

Hancock County Performing Arts Center Foundation is a registered charity in United States, based in Findlay, OH. It received its IRS tax-exemption ruling in July 2018, 8 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hancock County Performing Arts Center Foundation reported income of $912k and spending of $400k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.1m to $912k (-70%), an average of -26% a year. The sharpest change came in the year to June 2023, when income rose by 559%. Over the whole period it spent 17% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hancock County Performing Arts Center Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Museum of North Idaho Inc ($912k), Indiana Academy of Science ($912k) and Greatnonprofits ($912k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $8.5m against liabilities of $0, net assets of $8.5m.