Grass Roots Cultural and Performing Arts Center

Analysis

Grass Roots Cultural and Performing Arts Center is a registered charity in United States, based in Blackstone, MA. It received its IRS tax-exemption ruling in May 2017, 9 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, Grass Roots Cultural and Performing Arts Center reported income of $315k and spending of $309k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $203k to $315k (+55%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grass Roots Cultural and Performing Arts Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Actors Guild of Parkersburg Inc ($315k), Forum Theatre Company ($315k) and Philanthrofilms ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $58k (19% of expenses). At year end it held assets of $427k against liabilities of $366k, net assets of $61k.