Paris Academy Association

Analysis

Paris Academy Association is a registered charity in United States, based in Paris, TN. It received its IRS tax-exemption ruling in February 2002, 24 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 September 2023, Paris Academy Association reported income of $121k and spending of $95k, leaving 21% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $108k to $121k (+12%), an average of +12% 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, Paris Academy Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within TN. Charities of a similar size with the same main cause include Grosse Pointe Historical Society ($121k), Mennonite Heritage & Agrcltr Museum ($121k) and On the Isle Corporation ($121k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 37% and program service revenue 40% of the total. At year end it held assets of $323k against liabilities of $1,125, net assets of $322k.