American Patrons of the Pinakothek Trust

Analysis

American Patrons of the Pinakothek Trust is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, American Patrons of the Pinakothek Trust reported income of $852k and spending of $870k, spending 102% of its income. Across the 4 years on record, from October 2020 to October 2023, income grew from $227k to $852k (+275%), an average of +55% a year. The sharpest change came in the year to October 2023, when income rose by 125%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Patrons of the Pinakothek Trust sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 52nd percentile within DC. Charities of a similar size with the same main cause include Noche Flamenca Inc ($852k), Art Creates US Inc ($853k) and O Hanlon Center for the Arts ($852k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.