Project Real

Analysis

Project Real is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover social science, 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 2023, Project Real reported income of $354k and spending of $402k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $253k to $354k (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 108% 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 Real sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within NV. Charities of a similar size with the same main cause include Lagrange Symphony Orchestra Inc ($354k), Out of the Box Theatrics Inc ($354k) and Lumber Heritage Region of Pa Inc ($354k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $106k (26% of expenses). Other salaries and wages came to $134k. At year end it held assets of $42k against liabilities of $149k, net assets of -$107k. It reported 7 employees.