Primary Information Inc

Analysis

Primary Information Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2008, 18 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 June 2024, Primary Information Inc reported income of $439k and spending of $483k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $353k to $439k (+25%), an average of +4.5% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Primary Information Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Friends of a Studio in the Woods ($439k), Outlinc Inc ($439k) and Dtla Proud Festival Inc ($439k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $177k (37% of expenses). Other salaries and wages came to $60k. At year end it held assets of $460k against liabilities of $248k, net assets of $212k. It reported 4 employees.