Mon Valley Academy for the Arts Incorporated

Analysis

Mon Valley Academy for the Arts Incorporated is a registered charity in United States, based in Charleroi, PA. It received its IRS tax-exemption ruling in January 2018, 8 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, Mon Valley Academy for the Arts Incorporated reported income of $144k and spending of $68k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $144k (+173%), an average of +174% a year. The sharpest change came in the year to December 2023, when income rose by 173%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mon Valley Academy for the Arts Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Detroit Windsor Dance Academy ($144k), The Kennebunkport Historical Society ($144k) and Center for Indian Cultural Educational Bal Vihar of St Louis ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 13% of the total. At year end it held assets of $99k against liabilities of $1,034, net assets of $98k.