Pabst Mansion Inc

Analysis

Pabst Mansion Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 1975, 51 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, Pabst Mansion Inc reported income of $979k and spending of $980k, spending 100% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $1.7m to $979k (-43%), an average of -17% a year. The sharpest change came in the year to March 2022, when income rose by 65%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pabst Mansion Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include The Organization for Transformative Works Inc ($979k), Puget Sound Sage ($980k) and New Mexico Ballet Company ($978k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 21% and program service revenue 59% of the total. Other salaries and wages came to $302k. At year end it held assets of $6.3m against liabilities of $447k, net assets of $5.8m. It reported 18 employees.