Professional Artistic Research Projects

Analysis

Professional Artistic Research Projects is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 2015, 11 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 2022, Professional Artistic Research Projects reported income of $230k and spending of $267k, spending 116% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $222k to $230k (+3.8%), an average of +3.8% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Professional Artistic Research Projects sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Hundred Members Debating Benevolent Association ($230k), Columbus Arts Council Incorporated ($230k) and Envelop ($230k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $70k (26% of expenses). At year end it held assets of $1.8m against liabilities of $150k, net assets of $1.6m. It reported 3 employees.