Performing Arts Patrons Association Inc

Analysis

Performing Arts Patrons Association Inc is a registered charity in United States, based in Mableton, GA. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Performing Arts Patrons Association Inc reported income of $66k and spending of $66k, spending 100% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $58k to $66k (+15%), an average of +7.0% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Performing Arts Patrons Association Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within GA. Charities of a similar size with the same main cause include Northern Star Theatre Company ($66k), International Visual Sociology Association Inc ($66k) and Puget Sound Navy Museum Foundation ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 30% of the total. At year end it held assets of $188k against liabilities of $78k, net assets of $110k.