Productions Over the Rainbow Incorporated

Analysis

Productions Over the Rainbow Incorporated is a registered charity in United States, based in Holbrook, NY. It received its IRS tax-exemption ruling in June 2006, 20 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 December 2023, Productions Over the Rainbow Incorporated reported income of $139k and spending of $137k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $139k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Productions Over the Rainbow Incorporated 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 44th percentile within NY. Charities of a similar size with the same main cause include Capitalbop Inc ($139k), Eau Claire Jazz Inc ($139k) and Global Language Network ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. At year end it held assets of $49k against liabilities of $1,908, net assets of $47k.