Sun Valley Performing Arts Center Inc

Analysis

Sun Valley Performing Arts Center Inc is a registered charity in United States, based in Ketchum, ID. It received its IRS tax-exemption ruling in May 2002, 24 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, Sun Valley Performing Arts Center Inc reported income of $2.5m and spending of $3.1m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.8m to $2.5m (-47%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sun Valley Performing Arts Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within ID. Charities of a similar size with the same main cause include Hamptons Community Outreach Inc ($2.5m), Southern Smoke Foundation ($2.5m) and Puerto Rican Arts Alliance ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 30% of the total. Other salaries and wages came to $734k. At year end it held assets of $15.5m against liabilities of $42k, net assets of $15.5m. It reported 29 employees.