Fort Hill Performing Arts Center Inc

Analysis

Fort Hill Performing Arts Center Inc is a registered charity in United States, based in Canandaigua, NY. It received its IRS tax-exemption ruling in January 2017, 9 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, Fort Hill Performing Arts Center Inc reported income of $443k and spending of $694k, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $673k to $443k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fort Hill Performing Arts Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Tribal Trust Foundation Inc ($443k), Inheiritance Project Ltd ($443k) and First Voice Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $35k (5.0% of expenses). Other salaries and wages came to $137k. At year end it held assets of $2.2m against liabilities of $124k, net assets of $2.1m. It reported 7 employees.