Protocinema Inc

Analysis

Protocinema Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2020, 6 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, Protocinema Inc reported income of $114k and spending of $111k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $228k to $114k (-50%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Protocinema Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Circle Painting Inc ($114k), Claremore Museum of History Inc ($114k) and Allatoona High School Orchestra Boosters Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $945, net assets of $29k.