City of Light Performing Arts

Analysis

City of Light Performing Arts is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1983, 43 years ago. 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 July 2023, City of Light Performing Arts reported income of $208k and spending of $135k, leaving 35% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $129k to $208k (+61%), an average of +13% a year. The sharpest change came in the year to July 2023, when income rose by 217%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, City of Light Performing Arts sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within WA. Charities of a similar size with the same main cause include Pierce Center for Arts and Technology ($208k), Linn County Deputy Sheriffs Membership Association ($208k) and Eastern Maine Community College Foundation ($208k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 95% and program service revenue 10% of the total. Other salaries and wages came to $45k. At year end it held assets of $176k against liabilities of $2,358, net assets of $173k. It reported 1 employees.