Playing on Air Inc

Analysis

Playing on Air Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2016, 10 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, Playing on Air Inc reported income of $72k and spending of $87k, spending 121% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $272k to $72k (-74%), an average of -49% a year. The sharpest change came in the year to December 2022, when income dropped by 63%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Playing on Air Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Pacific Bus Museum ($72k), Step 2 This Dance Fundraising Association ($72k) and Red River Railroad Museum ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (70% of expenses). At year end it held assets of $105k against liabilities of $0, net assets of $105k. It reported 1 employees.