Philadelphia Arts in Education Partnership

Analysis

Philadelphia Arts in Education Partnership is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2003, 23 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 June 2024, Philadelphia Arts in Education Partnership reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.7m to $1.4m (-17%), an average of -4.4% a year. The sharpest change came in the year to June 2024, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Philadelphia Arts in Education Partnership sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Museum of the Southern Jewish Experience ($1.4m), Monthly Review Foundation ($1.4m) and Center for the Arts of Greater Manassas Prince William County Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $210k (15% of expenses). Other salaries and wages came to $236k. At year end it held assets of $749k against liabilities of $37k, net assets of $712k. It reported 4 employees.