Society to Preserve the Millvale Murals of Maxo Vanka

Analysis

Society to Preserve the Millvale Murals of Maxo Vanka is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 1991, 35 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society to Preserve the Millvale Murals of Maxo Vanka reported income of $771k and spending of $404k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $771k (+208%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society to Preserve the Millvale Murals of Maxo Vanka sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Junior Jazz Foundation ($771k), Dallas Arts District Foundation ($771k) and Cheyenne Symphony Orchestra ($771k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.1% of the total. Other salaries and wages came to $173k. It paid $175 in professional fundraising fees. At year end it held assets of $761k against liabilities of $149k, net assets of $612k. It reported 13 employees.