Polaris Productions

Analysis

Polaris Productions is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2012, 14 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 December 2023, Polaris Productions reported income of $71k and spending of $54k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2019 to December 2023, income grew from $68k to $71k (+4.9%), an average of +4.9% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Polaris Productions sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Marquee Inc ($71k), Theatre North ($71k) and Davis Contemporary Dance Company ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.