United Performing Arts Fund Inc

Analysis

United Performing Arts Fund Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 1967, 59 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, United Performing Arts Fund Inc reported income of $10.4m and spending of $9.7m, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $10.3m to $10.4m (+1.1%), an average of +0.3% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, United Performing Arts Fund Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Plimoth Patuxet Museums Inc ($10.4m), San Diego Museum of Art ($10.5m) and Festival of Arts of Laguna Beach ($10.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $522k (5.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $13.4m against liabilities of $1.3m, net assets of $12.1m. It reported 35 employees.