Paradise Performing Arts Center

Analysis

Paradise Performing Arts Center is a registered charity in United States, based in Paradise, CA. It received its IRS tax-exemption ruling in October 1981, 45 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Paradise Performing Arts Center reported income of $232k and spending of $232k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $182k to $232k (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 201%. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Paradise Performing Arts Center sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Selah Downtown Association ($232k), Minority Business Association Joint Ventures Inc ($232k) and City Tech Collaborative ($232k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% of the total. Other salaries and wages came to $19k. At year end it held assets of $1.8m against liabilities of $3,179, net assets of $1.8m. It reported 8 employees.