Park Center Ltd

Analysis

Park Center Ltd is a registered charity in United States, based in Hayward, WI. It received its IRS tax-exemption ruling in April 2015, 11 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, Park Center Ltd reported income of $99k and spending of $63k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $146k to $99k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Park Center Ltd sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include Love City Pan Dragons and Baby Dragons Youth Steel Orchestra ($99k), Scranton Jazz Festival ($99k) and Buffalo Chamber Players Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $220k against liabilities of $0, net assets of $220k.