Valley Performing Arts Theater Inc

Analysis

Valley Performing Arts Theater Inc is a registered charity in United States, based in Ord, NE. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Valley Performing Arts Theater Inc reported income of $164k and spending of $139k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $164k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Valley Performing Arts Theater Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NE. Charities of a similar size with the same main cause include South Shore Chorale Inc ($164k), Johnson County Historical Society ($164k) and Terpsicorps Theatre of Dance ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 17% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.