Harrison Center for the Arts Parents Association Inc

Analysis

Harrison Center for the Arts Parents Association Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in March 1991, 35 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 2023, Harrison Center for the Arts Parents Association Inc reported income of $380k and spending of $286k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $390k to $380k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to June 2022, when income rose by 53%. 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, Harrison Center for the Arts Parents Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include World War II Airborne Demonstration Team Foundation ($380k), Buffalo Heritage Carousel Inc ($380k) and Beaver Dam Community Theatre Inc ($380k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. At year end it held assets of $395k against liabilities of $2,503, net assets of $393k.