Valley Performing Arts Council

Analysis

Valley Performing Arts Council is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in March 1998, 28 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 December 2022, Valley Performing Arts Council reported income of $261k and spending of $251k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $265k to $261k (-1.5%), an average of -0.5% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Valley Performing Arts Council sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Iredell Arts Council Inc ($261k), Art Explorers Inc ($261k) and Tinker Swiss Cottage Inc ($261k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 43% and program service revenue 53% of the total. At year end it held assets of $228k against liabilities of $112k, net assets of $116k.