Idaho Central Spokane Valley Performing Arts Center

Analysis

Idaho Central Spokane Valley Performing Arts Center is a registered charity in United States, based in Spokane Vly, WA. It received its IRS tax-exemption ruling in December 2021, 5 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 August 2023, Idaho Central Spokane Valley Performing Arts Center reported income of $5.3m and spending of $465k, leaving 91% of income unspent that year. Across the 3 years on record, from August 2021 to August 2023, income grew from $926k to $5.3m (+468%), an average of +138% a year. The sharpest change came in the year to August 2022, when income rose by 748%. Over the whole period it spent 6.2% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Idaho Central Spokane Valley Performing Arts Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Friends of the Bass Museum Inc ($5.3m), Tucson Symphony Society ($5.3m) and Oregon Community Programs ($5.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $252k. At year end it held assets of $16.2m against liabilities of $39k, net assets of $16.2m. It reported 5 employees.