Top Billing Entertainment Performance Academy

Analysis

Top Billing Entertainment Performance Academy is a registered charity in United States, based in Glendora, CA. It received its IRS tax-exemption ruling in October 2013, 13 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, Top Billing Entertainment Performance Academy reported income of $620k and spending of $718k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $443k to $620k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Top Billing Entertainment Performance Academy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Pentacle Theatre Inc ($620k), Buffalo Niagara Heritage Village ($620k) and Atlanta Grade School Friends ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $43k (6.0% of expenses). Other salaries and wages came to $221k. At year end it held assets of $87k against liabilities of $0, net assets of $87k. It reported 24 employees.