Society for the Performing Arts Foundation

Analysis

Society for the Performing Arts Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1991, 35 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 June 2023, Society for the Performing Arts Foundation reported income of $497k and spending of $276k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $397k to $497k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 147%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for the Performing Arts Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Childrens Discovery Museum of Cape Cod Inc ($497k), Dance Palace ($497k) and French-American Cultural Foundation ($497k).

At year end it held assets of $6.7m against liabilities of $0, net assets of $6.7m.