Triad Performing Arts of Arizona

Analysis

Triad Performing Arts of Arizona is a registered charity in United States, based in Goodyear, AZ. It received its IRS tax-exemption ruling in November 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 2024, Triad Performing Arts of Arizona reported income of $90k and spending of $85k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $77k to $90k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Triad Performing Arts of Arizona sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within AZ. Charities of a similar size with the same main cause include Syner Foundation Inc ($90k), Shakespeare at a NJ Nonprofit Corporation ($90k) and Artists Coalition of Flagstaff Inc ($90k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 21% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.