Kirkland Performance Center

Analysis

Kirkland Performance Center is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in May 1995, 31 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 June 2023, Kirkland Performance Center reported income of $2.0m and spending of $2.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.0m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 192%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kirkland Performance Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include Atlanta Interfaith Broadcasters Inc ($2.0m), Foundation for Minority Interests in Media Inc ($2.0m) and Gulf Coast Symphony Orchestra Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $164k (8.0% of expenses). Other salaries and wages came to $800k. At year end it held assets of $3.8m against liabilities of $335k, net assets of $3.5m. It reported 44 employees.