Lanai Academy of Performing Arts Inc

Analysis

Lanai Academy of Performing Arts Inc is a registered charity in United States, based in Lanai City, HI. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Lanai Academy of Performing Arts Inc reported income of $148k and spending of $134k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $148k (+101%), an average of +101% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lanai Academy of Performing Arts Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within HI. Charities of a similar size with the same main cause include Teds Foundation Inc ($148k), Ashe Outreach Ministries Inc ($148k) and Tafl Youth Sports ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.