Kay Butler Performing Arts Project

Analysis

Kay Butler Performing Arts Project is a registered charity in United States, based in Ponchatoula, LA. It received its IRS tax-exemption ruling in May 2023, 3 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 2023, Kay Butler Performing Arts Project reported income of $91k and spending of $81k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $130k to $91k (-30%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kay Butler Performing Arts Project sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within LA. Charities of a similar size with the same main cause include Bay Youth Music Association Inc ($91k), Santa Fe Film Festival Inc ($91k) and The Chosin Few Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.