Pan Harmonia

Analysis

Pan Harmonia is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in March 2005, 21 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 December 2023, Pan Harmonia reported income of $125k and spending of $106k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $125k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pan Harmonia sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Argyle Free Library Association ($125k), Rochester Engineering Society Inc ($125k) and Desoto Arts Council ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 21% of the total. At year end it held assets of $83k against liabilities of $152, net assets of $82k.