Detroit Performing Artists Inc

Analysis

Detroit Performing Artists Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in June 1990, 36 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, Detroit Performing Artists Inc reported income of $154k and spending of $159k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $132k to $154k (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Detroit Performing Artists Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Assisi Performing Arts Inc ($154k), Womans Club of Hollywood ($154k) and Grime Studios ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $45k (28% of expenses). Other salaries and wages came to $16k. At year end it held assets of $146k against liabilities of $0, net assets of $146k. It reported 3 employees.