Friends of the Chappaqua Performing Arts Center Inc

Analysis

Friends of the Chappaqua Performing Arts Center Inc is a registered charity in United States, based in Chappaqua, NY. It received its IRS tax-exemption ruling in February 2019, 7 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, Friends of the Chappaqua Performing Arts Center Inc reported income of $103k and spending of $73k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $697 to $103k (+14608%), an average of +14608% a year. The sharpest change came in the year to December 2023, when income rose by 14608%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Chappaqua Performing Arts Center Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Metropolitan Music Community ($103k), Corning Dances & Company ($103k) and Vagus Nerve Society VNS Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.