Performing Arts Foundation of Kansas City

Analysis

Performing Arts Foundation of Kansas City is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in September 1965, 61 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 June 2023, Performing Arts Foundation of Kansas City reported income of $1.8m and spending of $1.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.8m (+40%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 140%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Performing Arts Foundation of Kansas City sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Harriet U Allyn Test TR ($1.8m), Fort Apache Heritage Foundation Inc ($1.8m) and Northern in Historical Society ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $98k (5.6% of expenses). Other salaries and wages came to $428k. At year end it held assets of $12.0m against liabilities of $347k, net assets of $11.7m. It reported 89 employees.