Beverly Hills Performing Arts Center Inc

Analysis

Beverly Hills Performing Arts Center Inc is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in February 2012, 14 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 December 2023, Beverly Hills Performing Arts Center Inc reported income of $921k and spending of $921k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $921k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 286%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beverly Hills Performing Arts Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Arlington Center for the Arts Inc ($920k), Neighborhood Studios of Fairfield County Inc ($921k) and Tacoma Little Theatre & Drama League ($920k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $62k (6.8% of expenses). Other salaries and wages came to $11k. At year end it held assets of $251k against liabilities of $874k, net assets of -$623k. It reported 4 employees.