Outermost Performing Arts Center Inc

Analysis

Outermost Performing Arts Center Inc is a registered charity in United States, based in Wellfleet, MA. It received its IRS tax-exemption ruling in June 2020, 6 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 October 2023, Outermost Performing Arts Center Inc reported income of $1.1m and spending of $1.0m, spending 97% of its income. Across the 6 years on record, from December 2018 to October 2023, income grew from $341k to $1.1m (+210%), an average of +25% a year. The sharpest change came in the year to December 2019, when income rose by 214%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Outermost Performing Arts Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include The Ballet Theatre of Maryland Incorporated ($1.1m), Guitars in the Classroom ($1.1m) and National Blues Museum ($1.1m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Other salaries and wages came to $544k. At year end it held assets of $1.2m against liabilities of $411k, net assets of $809k. It reported 57 employees.