Powerhouse Center on the Bull Run Incorporated

Analysis

Powerhouse Center on the Bull Run Incorporated is a registered charity in United States, based in Sandy, OR. It received its IRS tax-exemption ruling in August 2014, 12 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 2022, Powerhouse Center on the Bull Run Incorporated reported income of $61k and spending of $101k, spending 164% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $29k to $61k (+112%), an average of +46% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 148% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Powerhouse Center on the Bull Run Incorporated sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within OR. Charities of a similar size with the same main cause include Artfullness Project ($61k), Womens Caucus for Art ($61k) and Preservation Mirage Inc ($61k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.