Panic Productions

Analysis

Panic Productions is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in January 2018, 8 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 June 2024, Panic Productions reported income of $233k and spending of $221k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $141k to $233k (+65%), an average of +65% a year. The sharpest change came in the year to June 2024, when income rose by 65%. 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, Panic Productions sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Sarah Mack Scicomm Inc ($233k), Latinus Theater Experience Company ($233k) and Memorial Opera House Foundation Inc ($233k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.