Frick Art & Historical Center Inc

Analysis

Frick Art & Historical Center Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Frick Art & Historical Center Inc reported income of $10.9m and spending of $8.6m, leaving 21% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $7.6m to $10.9m (+45%), an average of +9.7% a year. The sharpest change came in the year to March 2023, when income dropped by 56%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Frick Art & Historical Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Arc-King County ($10.9m), Trinity Bible College and Graduate School ($10.9m) and Urban Ventures Leadership Foundation ($10.9m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 42% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $481k (5.6% of expenses). Other salaries and wages came to $2.9m. It paid $17k in professional fundraising fees. At year end it held assets of $112.7m against liabilities of $555k, net assets of $112.2m. It reported 172 employees.