Triad Pride Performing Arts

Analysis

Triad Pride Performing Arts is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in June 1999, 27 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 2024, Triad Pride Performing Arts reported income of $69k and spending of $94k, spending 137% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $92k to $69k (-26%), an average of -26% a year. The sharpest change came in the year to June 2024, when income dropped by 26%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Triad Pride Performing Arts sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Refuge Sports Inc ($69k), Wade Dance Inc ($69k) and Scottish Cultural Outreach Foundation ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 62% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.