Prattsville Art Project Inc

Analysis

Prattsville Art Project Inc is a registered charity in United States, based in Prattsville, NY. It received its IRS tax-exemption ruling in August 2014, 12 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, Prattsville Art Project Inc reported income of $76k and spending of $76k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $76k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Prattsville Art Project Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Massachusetts Society for Bioenergetic Analysis Inc ($76k), Lyles Station Historic Preservation Corporation ($76k) and United States Veterans Artists Alliance ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $253k against liabilities of $617, net assets of $253k.