Gallatin Performance Academy

Analysis

Gallatin Performance Academy is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Gallatin Performance Academy reported income of $162k and spending of $158k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $157k to $162k (+3.5%), an average of +3.5% a year. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gallatin Performance Academy sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MT. Charities of a similar size with the same main cause include Team Focus Basketball Inc ($162k), Connecticut Yankees Huskies Hockey Inc ($162k) and Little League Baseball Inc ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $7,911 against liabilities of $0, net assets of $7,911.