Piffaro the Renaissance Band

Analysis

Piffaro the Renaissance Band is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. 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 June 2024, Piffaro the Renaissance Band reported income of $467k and spending of $412k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $297k to $467k (+57%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Piffaro the Renaissance Band sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Key West Police Athletic League Inc ($467k), Monhegan Historial & Cultural Museum Association ($467k) and Nami Florida Inc ($467k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $108k (26% of expenses). Other salaries and wages came to $10k. At year end it held assets of $612k against liabilities of $91k, net assets of $521k. It reported 4 employees.