Origins Performing Arts Inc

Analysis

Origins Performing Arts Inc is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in May 2021, 5 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, Origins Performing Arts Inc reported income of $169k and spending of $188k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $106k to $169k (+59%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Origins Performing Arts Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Culpeper Cavalry Museum Inc ($169k), Childrens Playhouse of Maryland Inc ($169k) and Remix -- Culture Inc ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $12k, net assets of $3,932.