Plusoneplusoneplusone

Analysis

Plusoneplusoneplusone is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Plusoneplusoneplusone reported income of $3.5m and spending of $4.2m, spending 121% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.7m to $3.5m (+110%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 591%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Plusoneplusoneplusone sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Arts Collaborative of Nevada County Andrea Pearce ($3.5m), Deep Ellum Foundation ($3.5m) and Centennial Park Conservancy ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Other salaries and wages came to $53k. At year end it held assets of $1.6m against liabilities of $204k, net assets of $1.4m. It reported 1 employees.