Barebones Productions Inc

Analysis

Barebones Productions Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in December 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, Barebones Productions Inc reported income of $319k and spending of $313k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $319k (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Barebones Productions Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include High-Tech High Heels ($319k), Riverside Childrens Theatre ($319k) and Columbus Gay Mens Chorus ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $50k (16% of expenses). Other salaries and wages came to $155k. At year end it held assets of $330k against liabilities of $3,273, net assets of $327k. It reported 13 employees.