Pro-Am Performing Arts Corp

Analysis

Pro-Am Performing Arts Corp is a registered charity in United States, based in The Villages, FL. It received its IRS tax-exemption ruling in January 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Pro-Am Performing Arts Corp reported income of $111k and spending of $103k, spending 93% of its income. Across the 3 years on record, from July 2022 to July 2024, income fell from $171k to $111k (-35%), an average of -20% a year. The sharpest change came in the year to July 2024, when income dropped by 44%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pro-Am Performing Arts Corp 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 40th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Edge Ensemble Theatre Company ($111k), Williamsburg Contemporary Art Center ($111k) and Sherborn Community Center Foundation Inc ($111k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.