Partnership for the Performing Arts

Analysis

Partnership for the Performing Arts is a registered charity in United States, based in Crescent City, CA. It received its IRS tax-exemption ruling in January 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Partnership for the Performing Arts reported income of $131k and spending of $179k, spending 137% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $1.1m to $131k (-88%), an average of -88% a year. The sharpest change came in the year to June 2024, when income dropped by 88%. Over the whole period it spent 33% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Partnership for the Performing Arts sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Light in Action Inc ($131k), Brown Grand Opera House Inc ($131k) and Women Photographers International Archive Inc ($131k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 12% of the total. Other salaries and wages came to $9,398. At year end it held assets of $912k against liabilities of $1,214, net assets of $911k. It reported 1 employees.