Lily and Earle M Pilgrim Art Foundation

Analysis

Lily and Earle M Pilgrim Art Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2016, 10 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, Lily and Earle M Pilgrim Art Foundation reported income of $84k and spending of $94k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $98k to $84k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 160% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lily and Earle M Pilgrim Art Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 16th percentile within DC. Charities of a similar size with the same main cause include Carmel Klavier Inc ($84k), Siloam Springs Museum Society ($84k) and Taiwanese American Council of Greater New York Inc ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. Other salaries and wages came to $48k. At year end it held assets of $1.8m against liabilities of $1,900, net assets of $1.8m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.