Preservation Park Cities

Analysis

Preservation Park Cities is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2001, 25 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 May 2024, Preservation Park Cities reported income of $310k and spending of $238k, leaving 23% of income unspent that year. Across the 3 years on record, from May 2022 to May 2024, income grew from $191k to $310k (+62%), an average of +27% a year. The sharpest change came in the year to May 2024, when income rose by 60%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Preservation Park Cities 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 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Modeling Acting Dance Studio Corp ($310k), Opera Festival of Chicago Inc ($310k) and Ohio Outdoor Historical Drama ($310k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 60% of the total. At year end it held assets of $309k against liabilities of $30k, net assets of $279k.