New Performance Traditions

Analysis

New Performance Traditions is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 1976, 50 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Performance Traditions reported income of $910k and spending of $832k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $366k to $910k (+148%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 165%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Performance Traditions sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Club Portuguse of Hudson Inc ($909k), H C S V Foundation ($910k) and Kentucky Golf Foundation ($909k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $144k (17% of expenses). Other salaries and wages came to $24k. At year end it held assets of $1.4m against liabilities of $21k, net assets of $1.3m. It reported 5 employees.