Friends of Public Radio Arizona

Analysis

Friends of Public Radio Arizona is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in March 2002, 24 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, Friends of Public Radio Arizona reported income of $7.8m and spending of $6.5m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $7.8m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Public Radio Arizona sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Zachary Scott Theater Center ($7.8m), Anderson Ranch Arts Foundation ($7.8m) and American Sociological Association ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $8.9m against liabilities of $21k, net assets of $8.8m.