Tampa Bay Performing Arts Center Foundation Inc

Analysis

Tampa Bay Performing Arts Center Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in October 1998, 28 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Tampa Bay Performing Arts Center Foundation Inc reported income of $13.3m and spending of $4.8m, leaving 64% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.8m to $13.3m (+369%), an average of +47% a year. The sharpest change came in the year to September 2020, when income rose by 575%. Over the whole period it spent 42% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tampa Bay Performing Arts Center Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Kualii Foundation ($13.3m), American Philosophical Society ($13.3m) and American Society for Yad Vashem Inc ($13.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $163k. At year end it held assets of $60.5m against liabilities of $625k, net assets of $59.8m.