Delaware Performing Arts Center Inc

Analysis

Delaware Performing Arts Center Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in June 1986, 40 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 June 2023, Delaware Performing Arts Center Inc reported income of $94k and spending of $56k, leaving 40% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $67k to $94k (+40%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 512%. Over the whole period it spent 210% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delaware Performing Arts Center Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within DE. Charities of a similar size with the same main cause include Rivertree Singers ($94k), Austin Area Heritage Council ($94k) and Mossman Home Preservation Foundation Inc ($94k).

At year end it held assets of $3.6m against liabilities of $228k, net assets of $3.4m.