Healdsburg Performing Arts Theater Inc

Analysis

Healdsburg Performing Arts Theater Inc is a registered charity in United States, based in Healdsburg, CA. It received its IRS tax-exemption ruling in May 2020, 6 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 July 2023, Healdsburg Performing Arts Theater Inc reported income of $518k and spending of $563k, spending 109% of what it took in. Across the 6 years on record, from July 2018 to July 2023, income grew from $401k to $518k (+29%), an average of +5.3% a year. The sharpest change came in the year to July 2022, when income rose by 79%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Healdsburg Performing Arts Theater Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Franklin Park Conservatory Womens Sustaining Board ($518k), Tannery World Dance & Cultural Center ($518k) and Motherland Rhythm Community ($518k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 45% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $111k (20% of expenses). Other salaries and wages came to $35k. At year end it held assets of $939k against liabilities of $110k, net assets of $829k. It reported 2 employees.