Performing Arts Alliance Inc
EIN: 521101177 · Washington, DC
| Metric | Value |
|---|---|
| Total Revenue | $80K |
| Total Expenses | $64K |
| Net Assets | $263K |
Is Performing Arts Alliance Inc 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 Alliance Inc
Performing Arts Alliance Inc (EIN: 521101177) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $80K and total assets of $284K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Performing Arts Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Performing Arts Alliance Inc is a micro nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $64K |
| Surplus / Deficit | +$16K |
| Total Assets | $284K |
| Total Liabilities | $21K |
| Net Assets | $263K |
| Operating Margin | 20.3% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 53.6 months |
Financial Health Grade: A
In 2022, Performing Arts Alliance Inc reported a surplus of $16K with revenue exceeding expenses, holds 53.6 months of operating reserves (strong position), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Performing Arts Alliance Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +20.8% | -15.9% | +10.2% |
| 2021 | +7722.6% | +17.5% | -0.8% |
| 2020 | -99.3% | -10.6% | -20.7% |
| 2019 | -0.1% | +1.8% | +15.6% |
| 2018 | -7.2% | -27.0% | +16.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Performing Arts Alliance Inc 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 Alliance Inc 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.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.4%.
Frequently Asked Questions about Performing Arts Alliance Inc
Is Performing Arts Alliance Inc a legitimate charity?
Performing Arts Alliance Inc (EIN: 521101177) is a registered tax-exempt nonprofit based in Washington DC. It has 12 years of IRS 990 filings on record. Total revenue: $80K. No red flags identified. Financial health grade: A.
How does Performing Arts Alliance Inc spend its money?
Performing Arts Alliance Inc reported $80K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Performing Arts Alliance Inc tax-deductible?
Performing Arts Alliance Inc is registered as a tax-exempt nonprofit (EIN: 521101177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Performing Arts Alliance Inc located?
Performing Arts Alliance Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 521101177.
How many years of IRS 990 filings does Performing Arts Alliance Inc have?
Performing Arts Alliance Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $80K in total revenue.
Filing History
IRS 990 filing history for Performing Arts Alliance Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Performing Arts Alliance Inc's revenue has declined by 42.7%, moving from $139K to $80K. Total assets increased by 12% over the same period, from $253K to $284K. Total functional expenses fell by 58%, from $151K to $64K. In its most recent filing year (2022), Performing Arts Alliance Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $21K in liabilities against $284K in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $263K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $80K | $64K | $284K | $21K | — | View 990 |
| 2021 | $66K | $76K | $258K | $11K | — | — |
| 2020 | $844 | $64K | $260K | $3K | — | — |
| 2019 | $114K | $72K | $328K | $8K | — | View 990 |
| 2018 | $114K | $71K | $283K | $6K | — | View 990 |
| 2017 | $123K | $97K | $243K | $10K | — | View 990 |
| 2016 | $131K | $148K | $227K | $20K | — | View 990 |
| 2015 | $145K | $165K | $232K | $7K | — | View 990 |
| 2014 | $132K | $143K | $252K | $7K | — | View 990 |
| 2013 | $129K | $124K | $261K | $6K | — | View 990 |
| 2012 | $140K | $126K | $261K | $10K | — | View 990 |
| 2011 | $139K | $151K | $253K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $80K, expenses of $64K, and assets of $284K (revenue +20.8% year-over-year).
- 2021: Revenue of $66K, expenses of $76K, and assets of $258K (revenue +7722.6% year-over-year).
- 2020: Revenue of $844, expenses of $64K, and assets of $260K (revenue -99.3% year-over-year).
- 2019: Revenue of $114K, expenses of $72K, and assets of $328K (revenue -0.1% year-over-year).
- 2018: Revenue of $114K, expenses of $71K, and assets of $283K (revenue -7.2% year-over-year).
- 2017: Revenue of $123K, expenses of $97K, and assets of $243K (revenue -5.8% year-over-year).
- 2016: Revenue of $131K, expenses of $148K, and assets of $227K (revenue -9.9% year-over-year).
- 2015: Revenue of $145K, expenses of $165K, and assets of $232K (revenue +9.9% year-over-year).
- 2014: Revenue of $132K, expenses of $143K, and assets of $252K (revenue +2.4% year-over-year).
- 2013: Revenue of $129K, expenses of $124K, and assets of $261K (revenue -8.3% year-over-year).
- 2012: Revenue of $140K, expenses of $126K, and assets of $261K (revenue +1.0% year-over-year).
- 2011: Revenue of $139K, expenses of $151K, and assets of $253K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Performing Arts Alliance Inc:
Data Sources and Methodology
This transparency report for Performing Arts Alliance Inc 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.