Pinelands Cultural Society

Analysis

Pinelands Cultural Society is a registered charity in United States, based in Waretown, NJ. It received its IRS tax-exemption ruling in December 1979, 47 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 March 2023, Pinelands Cultural Society reported income of $75k and spending of $104k, spending 137% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income fell from $96k to $75k (-21%), an average of -7.7% a year. The sharpest change came in the year to March 2022, when income rose by 225%. Over the whole period it spent 138% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pinelands Cultural Society sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Feldman Chamber Music Society Inc ($75k), Studio Rev ($75k) and Tacoma Music Collaborative ($75k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 9.8% and program service revenue 82% of the total. At year end it held assets of $385k against liabilities of $0, net assets of $385k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.