Pembroke Pines Theater of the Performing Arts Inc

Analysis

Pembroke Pines Theater of the Performing Arts Inc is a registered charity in United States, based in Pembroke Pines, FL. It received its IRS tax-exemption ruling in May 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Pembroke Pines Theater of the Performing Arts Inc reported income of $98k and spending of $114k, spending 117% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $175k to $98k (-44%), an average of -14% a year. The sharpest change came in the year to August 2022, when income rose by 1145%. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pembroke Pines Theater of the Performing Arts Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Polish Center of Discovery and Learning Inc ($98k), Long Beach Unity Festival ($98k) and West T Hill Community Theatre ($98k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 9.4% and program service revenue 85% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.