Performing Arts Academy
EIN: 454372479 · Hghlnds Ranch, CO · NTEE: A61
Is Performing Arts Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Performing Arts Academy
Performing Arts Academy (EIN: 454372479) is a nonprofit organization based in Hghlnds Ranch, CO, classified under NTEE code A61. The organization reported total revenue of $1.4M and total assets of $823K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Performing Arts Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Performing Arts Academy has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Performing Arts Academy with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Performing Arts Academy
Is Performing Arts Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Performing Arts Academy (EIN: 454372479) insufficient data. 0 red flags identified, 0 strengths noted.
How does Performing Arts Academy spend its money?
Detailed spending breakdown data is not yet available for Performing Arts Academy. Check back for updated IRS 990 analysis.
Are donations to Performing Arts Academy tax-deductible?
Performing Arts Academy is registered as a tax-exempt nonprofit (EIN: 454372479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Performing Arts Academy showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Performing Arts Academy's revenue has grown by 909.2%, moving from $126K to $1.3M. Total assets increased by 3993.2% over the same period, from $20K to $805K. Total functional expenses rose by 839.9%, from $120K to $1.1M. In its most recent filing year (2023), Performing Arts Academy reported a surplus of $140K, with revenue exceeding expenses. The organization holds $267K in liabilities against $805K in assets (debt-to-asset ratio: 33.2%), resulting in net assets of $537K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.1M | $805K | $267K | — | View 990 |
| 2022 | $1.1M | $1.0M | $809K | $412K | — | View 990 |
| 2021 | $854K | $752K | $432K | $97K | — | View 990 |
| 2020 | $576K | $528K | $326K | $94K | — | View 990 |
| 2019 | $576K | $532K | $268K | $84K | — | View 990 |
| 2018 | $493K | $486K | $184K | $44K | — | View 990 |
| 2017 | $423K | $411K | $161K | $28K | — | View 990 |
| 2016 | $343K | $338K | $145K | $24K | — | View 990 |
| 2015 | $310K | $217K | $138K | $21K | — | View 990 |
| 2014 | $193K | $180K | $40K | $15K | — | View 990 |
| 2013 | $126K | $120K | $20K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.1M, and assets of $805K (revenue +17.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.0M, and assets of $809K (revenue +26.7% year-over-year).
- 2021: Revenue of $854K, expenses of $752K, and assets of $432K (revenue +48.2% year-over-year).
- 2020: Revenue of $576K, expenses of $528K, and assets of $326K (revenue +0.1% year-over-year).
- 2019: Revenue of $576K, expenses of $532K, and assets of $268K (revenue +16.9% year-over-year).
- 2018: Revenue of $493K, expenses of $486K, and assets of $184K (revenue +16.5% year-over-year).
- 2017: Revenue of $423K, expenses of $411K, and assets of $161K (revenue +23.4% year-over-year).
- 2016: Revenue of $343K, expenses of $338K, and assets of $145K (revenue +10.6% year-over-year).
- 2015: Revenue of $310K, expenses of $217K, and assets of $138K (revenue +60.9% year-over-year).
- 2014: Revenue of $193K, expenses of $180K, and assets of $40K (revenue +53.2% year-over-year).
- 2013: Revenue of $126K, expenses of $120K, and assets of $20K.
Data Sources and Methodology
This transparency report for Performing Arts Academy is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.