Polari Inc

Analysis

Polari Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 1995, 31 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, Polari Inc reported income of $165k and spending of $136k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $149k to $165k (+11%), an average of +11% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Polari Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include National Polka Festival of Ennis Texas ($165k), Friends of the Farris Inc ($165k) and Womens High-Tech Coalition ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $918, net assets of $53k.