Manassas Performing Arts Inc

Analysis

Manassas Performing Arts Inc is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in October 1984, 42 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 July 2023, Manassas Performing Arts Inc reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.0m to $1.3m (+29%), an average of +6.6% a year. The sharpest change came in the year to July 2021, when income rose by 56%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Manassas Performing Arts 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 VA. Charities of a similar size with the same main cause include Historic Rivoli Theater Performing Arts Center Restoration Foundation ($1.3m), Princess Theatre Center for the Performing Arts ($1.3m) and The Louisiana Music and Heritage Experience Inc ($1.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 37% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $100k (8.0% of expenses). Other salaries and wages came to $465k. At year end it held assets of $761k against liabilities of $77k, net assets of $683k. It reported 33 employees.