The Lancaster Performing Arts Center Foundation

Analysis

The Lancaster Performing Arts Center Foundation is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in November 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Lancaster Performing Arts Center Foundation reported income of $138k and spending of $73k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $120k to $138k (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2023, when income rose by 189%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Lancaster Performing Arts Center Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include SRS Heritage Foundation Inc ($138k), Mare Nostrum Elements Inc ($138k) and Irmanade Santissema Trinidad Watsonville ($138k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. Other salaries and wages came to $28k. At year end it held assets of $239k against liabilities of $2,293, net assets of $236k. It reported 1 employees.