Aiken Performing Arts Group Inc

Analysis

Aiken Performing Arts Group Inc is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in May 2006, 20 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, Aiken Performing Arts Group Inc reported income of $250k and spending of $240k, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $299k to $250k (-16%), an average of -8.5% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aiken Performing Arts Group Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within SC. Charities of a similar size with the same main cause include Towle Performing Arts Company ($250k), Puttin on Productions Corporation ($250k) and Copper Street Brass Quintet Non Profit ($250k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 63% of the total. Other salaries and wages came to $37k. At year end it held assets of $419k against liabilities of $128k, net assets of $291k. It reported 2 employees.