Honey Pot Performance

Analysis

Honey Pot Performance is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 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, Honey Pot Performance reported income of $241k and spending of $162k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $452k to $241k (-47%), an average of -27% a year. The sharpest change came in the year to December 2023, when income rose by 140%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Honey Pot Performance sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include American Overseas Schools Historical Society ($241k), Federal Way Symphony Orchestra ($241k) and Niwot Cultural Arts Association ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. At year end it held assets of $280k against liabilities of $1,390, net assets of $279k.