Tempoart Portland

Analysis

Tempoart Portland is a registered charity in United States, based in Portland, ME. 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 September 2023, Tempoart Portland reported income of $109k and spending of $89k, spending 82% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $31k to $109k (+247%), an average of +247% a year. The sharpest change came in the year to September 2023, when income rose by 247%. Over the whole period it spent 131% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tempoart Portland sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 33rd percentile within ME. Charities of a similar size with the same main cause include Adirondack Soaring Association Inc ($109k), Embrace Music Foundation Inc ($109k) and Steps for Youth ($109k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.