Project Blank

Analysis

Project Blank is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 2019, 7 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, Project Blank reported income of $173k and spending of $127k, leaving 27% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $82k to $173k (+111%), an average of +111% a year. The sharpest change came in the year to June 2024, when income rose by 111%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Project Blank sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Camp Creek Antique Machinery and Threshing Association Inc ($173k), Grand Theatre of Oelwein Inc ($173k) and Sisu Heritage Inc ($173k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $12k (9.9% of expenses). Other salaries and wages came to $70k. At year end it held assets of $75k against liabilities of $0, net assets of $75k.