Topeka Performing Arts Center Inc

Analysis

Topeka Performing Arts Center Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in March 1988, 38 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, Topeka Performing Arts Center Inc reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 72%. 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, Topeka Performing Arts Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within KS. Charities of a similar size with the same main cause include Marine Applied Research and Exploration ($1.3m), Terrain Programs ($1.3m) and National Center on Philanthropy and the Law Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $179k (14% of expenses). At year end it held assets of $2.3m against liabilities of $321k, net assets of $2.0m. It reported 37 employees.