Prince Street Artists Inc

Analysis

Prince Street Artists Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1991, 35 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 August 2024, Prince Street Artists Inc reported income of $80k and spending of $95k, spending 119% of what it took in. Across the 2 years on record, from August 2023 to August 2024, income fell from $103k to $80k (-23%), an average of -22% a year. The sharpest change came in the year to August 2024, when income dropped by 23%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Prince Street Artists Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Pickleberry Pie Incorporated ($80k), Hampstead Institute Inc ($80k) and Lehigh & Keystone Model Railroad Museum Inc ($80k).

On its Form 990-EZ for the period ending August 2024, revenue came from program service revenue 19% of the total. At year end it held assets of $33k against liabilities of $11k, net assets of $22k.