Prairie Music & Arts

Analysis

Prairie Music & Arts is a registered charity in United States, based in Sun Prairie, WI. It received its IRS tax-exemption ruling in September 2007, 19 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Prairie Music & Arts reported income of $59k and spending of $123k, spending 206% of what it took in. Across the 3 years on record, from July 2019 to July 2023, income fell from $229k to $59k (-74%), an average of -49% a year. The sharpest change came in the year to July 2023, when income dropped by 83%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Prairie Music & Arts sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within WI. Charities of a similar size with the same main cause include Theatreworks Community Players Inc ($59k), World House Choir Inc ($59k) and T-Bolts Group Inc ($59k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 89% and program service revenue 3.7% of the total. At year end it held assets of $29k against liabilities of $30k, net assets of -$963.