Pieter

Analysis

Pieter is a registered charity in United States, based in Los Angeles, CA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Pieter reported income of $389k and spending of $361k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $253k to $389k (+54%), an average of +54% a year. The sharpest change came in the year to June 2024, when income rose by 54%. 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, Pieter sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Open Eye Pictures Inc ($389k), Plays of Wilton Inc ($389k) and Kentucky Classic Arts at Centre Square Inc ($389k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $149k. At year end it held assets of $231k against liabilities of $0, net assets of $231k.