Walton Academy for the Performing Arts

Analysis

Walton Academy for the Performing Arts is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Walton Academy for the Performing Arts reported income of $1.9m and spending of $1.9m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.1m to $1.9m (-5.5%), an average of -1.1% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walton Academy for the Performing Arts sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Pivot Education Inc ($1.9m), Heritage Christian Academy ($1.9m) and Food for Thought Denver ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. At year end it held assets of $503k against liabilities of $120k, net assets of $383k. It reported 19 employees.