Port Summer Show

Analysis

Port Summer Show is a registered charity in United States, based in PRT Washingtn, NY. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Port Summer Show reported income of $57k and spending of $67k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $57k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Port Summer Show sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Beaufort Pirate Invasion Inc ($57k), Sweet Adelines International ($57k) and Council on Accreditation of Strength and Conditioning Educatio ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $68k against liabilities of $4,000, net assets of $64k.