Tacoma Urban Performing Arts Center

Analysis

Tacoma Urban Performing Arts Center is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in September 2020, 6 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 June 2023, Tacoma Urban Performing Arts Center reported income of $182k and spending of $390k, spending 214% of what it took in. Across the 2 years on record, from June 2021 to June 2023, income fell from $241k to $182k (-24%), an average of -24% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tacoma Urban Performing Arts Center sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include Music on the Half Shell ($182k), Kweli Journal Inc ($182k) and Into Light Inc ($182k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $213k, net assets of -$213k.