The Plaza Arts Center Inc

Analysis

The Plaza Arts Center Inc is a registered charity in United States, based in Eatonton, GA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2022, The Plaza Arts Center Inc reported income of $606k and spending of $655k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $417k to $606k (+45%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 84%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Plaza Arts Center 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 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Houston Dressage Society Inc ($605k), Skating Institute of Rochester Inc ($606k) and East Carolina Aquatics Inc ($605k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 57% and program service revenue 33% of the total. Other salaries and wages came to $140k. At year end it held assets of $2.7m against liabilities of $4,498, net assets of $2.7m. It reported 5 employees.