Beacon Performing Arts Center Ltd

Analysis

Beacon Performing Arts Center Ltd is a registered charity in United States, based in Beacon, NY. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Beacon Performing Arts Center Ltd reported income of $140k and spending of $192k, spending 137% of what it took in. Across the 6 years on record, from July 2019 to December 2023, income fell from $241k to $140k (-42%), an average of -10% a year. The sharpest change came in the year to July 2022, when income rose by 110%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beacon Performing Arts Center Ltd sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Southwest Center for Economic Integrity ($140k), American School of Asian Culture ($140k) and Islamorada Community Entertainment Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $58k (30% of expenses). At year end it held assets of $103k against liabilities of $5,000, net assets of $98k. It reported 2 employees.