Yampa Valley Performing Arts Council

Analysis

Yampa Valley Performing Arts Council is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in February 2016, 10 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 December 2023, Yampa Valley Performing Arts Council reported income of $544k and spending of $175k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $544k (+649%), an average of +649% a year. The sharpest change came in the year to December 2023, when income rose by 649%. Over the whole period it spent 39% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yampa Valley Performing Arts Council 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 69th percentile within CO. Charities of a similar size with the same main cause include Culturarte de Puerto Rico Inc ($544k), Eastern Nursing Research Society ($544k) and Central New York Jazz Arts Foundation Inc ($544k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. At year end it held assets of $379k against liabilities of $0, net assets of $379k.