Pim Arts High School

Analysis

Pim Arts High School is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pim Arts High School reported income of $5.8m and spending of $5.4m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $5.8m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pim Arts High School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include New Harmony High Institute ($5.8m), Meadows Arts and Technology Elementary School ($5.8m) and Emmanuel Christian School ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $290k (5.4% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.3m against liabilities of $4.0m, net assets of -$748k. It reported 64 employees.