James C Harper School of Performing Arts Inc

Analysis

James C Harper School of Performing Arts Inc is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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 2024, James C Harper School of Performing Arts Inc reported income of $181k and spending of $192k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $156k to $181k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, James C Harper School of Performing Arts Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Regina Mater Inc ($181k), Bee Street Housing Inc ($181k) and Lewtana Camp Association Inc ($181k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $56k (29% of expenses). Other salaries and wages came to $77k. At year end it held assets of $244k against liabilities of $1,507, net assets of $242k. It reported 26 employees.