Performing Arts Council of Edmond Inc

Analysis

Performing Arts Council of Edmond Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Performing Arts Council of Edmond Inc reported income of $90k and spending of $79k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $90k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Performing Arts Council of Edmond Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within OK. Charities of a similar size with the same main cause include Oscoda Education Opportunity Foundation ($90k), Lockwood Elementary Parent-Teacher Association ($90k) and International Society of Youngfilipino Accountants Isyfa ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.