Pier Into the Future

Analysis

Pier Into the Future is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in March 1998, 28 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, Pier Into the Future reported income of $82k and spending of $46k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $82k (-8.1%), an average of -8.1% a year. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pier Into the Future sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Consortium MMT ($82k), Eq Austin ($82k) and Wichita Falls Vocal Arts Guild ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $234k against liabilities of $735, net assets of $234k.