Central Park Performing Arts Foundation

Analysis

Central Park Performing Arts Foundation is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in September 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Park Performing Arts Foundation reported income of $108k and spending of $23k, leaving 79% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $74k to $108k (+46%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Park Performing Arts Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($108k), R D Henton Evangelistic Foundation ($108k) and PTA North Carolina Congress ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $532k against liabilities of $0, net assets of $532k.