Prescott Valley Performing Arts

Analysis

Prescott Valley Performing Arts is a registered charity in United States, based in Prescott Vly, AZ. It received its IRS tax-exemption ruling in April 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 December 2023, Prescott Valley Performing Arts reported income of $137k and spending of $128k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $137k (+13%), an average of +13% a year. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Prescott Valley Performing Arts 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 42nd percentile within AZ. Charities of a similar size with the same main cause include Inverted Arts ($137k), Roundtable of Chinese American Organizations ($137k) and Umanoorg ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $201k against liabilities of $14k, net assets of $187k.