Produciones Contraparte Inc

Analysis

Produciones Contraparte Inc is a registered charity in United States, based in Carolina, PR. It received its IRS tax-exemption ruling in February 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, Produciones Contraparte Inc reported income of $259k and spending of $270k, spending 104% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $13k to $259k (+1944%), an average of +352% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Produciones Contraparte Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 42nd percentile within PR. Charities of a similar size with the same main cause include Mammoth Arts Foundation ($259k), Dallas Japanese Association Inc ($259k) and Watchorn Lincoln Memorial Association ($259k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $60k against liabilities of $77k, net assets of -$17k.