Polanki Incorporated

Analysis

Polanki Incorporated is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 1982, 44 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 January 2024, Polanki Incorporated reported income of $100k and spending of $98k, spending 98% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $66k to $100k (+51%), an average of +11% a year. The sharpest change came in the year to January 2023, when income rose by 70%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Polanki Incorporated sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within WI. Charities of a similar size with the same main cause include The Cappies Inc ($100k), Inwave ($100k) and Elmhurst Choral Union ($100k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 35% of the total. At year end it held assets of $695k against liabilities of $0, net assets of $695k.