Danvers Performing Arts Collaborative Inc

Analysis

Danvers Performing Arts Collaborative Inc is a registered charity in United States, based in Danvers, MA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Danvers Performing Arts Collaborative Inc reported income of $58k and spending of $70k, spending 122% of what it took in. Across the 2 years on record, from June 2019 to June 2023, income grew from $45k to $58k (+28%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Danvers Performing Arts Collaborative Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include Thomas Memorial Hospital Auxiliary ($58k), Berea College Leverage Lender Inc ($58k) and Parent Booster USA Inc ($58k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 74% of the total. At year end it held assets of $110k against liabilities of $42k, net assets of $68k.