Piano Arts of Wisconsin Inc

Analysis

Piano Arts of Wisconsin Inc is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in July 1997, 29 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 August 2023, Piano Arts of Wisconsin Inc reported income of $90k and spending of $72k, spending 80% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $87k to $90k (+3.5%), an average of +1.1% a year. The sharpest change came in the year to August 2022, when income rose by 73%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Piano Arts of Wisconsin Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within WI. Charities of a similar size with the same main cause include Second Generation Productions Inc ($90k), Kairos Dance Theater Inc ($90k) and Stoneware Museum of Monmouth Illinois ($90k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 93% and program service revenue 5.0% of the total. At year end it held assets of $138k against liabilities of $2,275, net assets of $136k.