Pankratz Arts Exchange Inc

Analysis

Pankratz Arts Exchange Inc is a registered charity in United States, based in Mount Calvary, WI. It received its IRS tax-exemption ruling in June 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 (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, Pankratz Arts Exchange Inc reported income of $66k and spending of $73k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $66k (-1.0%), an average of -1.0% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pankratz Arts Exchange Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within WI. Charities of a similar size with the same main cause include San Diego Synergy Arts Network Inc ($66k), Center for International Media Action Inc ($66k) and Rochester Chamber Music Society Ltd ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. At year end it held assets of $9,075 against liabilities of $454, net assets of $8,621.