Kennedy Performing Arts Boosters

Analysis

Kennedy Performing Arts Boosters is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in February 2016, 10 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 June 2024, Kennedy Performing Arts Boosters reported income of $80k and spending of $82k, spending 102% of its income. Across the 3 years on record, from June 2019 to June 2024, income fell from $258k to $80k (-69%), an average of -44% a year. The sharpest change came in the year to June 2024, when income rose by 2708%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kennedy Performing Arts Boosters sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Civic Ballet ($80k), Fieldale Heritage Inc ($80k) and Greater Lansing Potters Guild ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.