Community Performing Arts Center Foundation Inc

Analysis

Community Performing Arts Center Foundation Inc is a registered charity in United States, based in Green Valley, AZ. It received its IRS tax-exemption ruling in February 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Performing Arts Center Foundation Inc reported income of $1.0m and spending of $958k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $757k to $1.0m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 116%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Performing Arts Center Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within AZ. Charities of a similar size with the same main cause include Spacetaker ($1.0m), Centro Multicultural LA Familia Inc ($1.0m) and Fort Bend Childrens Discovery Center LLC ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $129k (13% of expenses). Other salaries and wages came to $168k. At year end it held assets of $1.5m against liabilities of $31k, net assets of $1.5m. It reported 5 employees.