Headwaters Council for the Performing Arts Inc

Analysis

Headwaters Council for the Performing Arts Inc is a registered charity in United States, based in Eagle River, WI. It received its IRS tax-exemption ruling in September 1982, 44 years ago. 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 May 2024, Headwaters Council for the Performing Arts Inc reported income of $64k and spending of $74k, spending 116% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income grew from $53k to $64k (+20%), an average of +20% a year. The sharpest change came in the year to May 2024, when income rose by 20%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Headwaters Council for the Performing Arts Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within WI. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($64k), The Oriole Advocate Charitable Foundation Inc ($64k) and May-West Roxbury Residences Inc ($64k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 31% and program service revenue 67% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.