Prizer Arts and Letters

Analysis

Prizer Arts and Letters is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 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, Prizer Arts and Letters reported income of $109k and spending of $93k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $109k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. 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, Prizer Arts and Letters sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include U S Sections of the Combustion Institute ($109k), Givon Grace Media ($109k) and Childrensong of New Jersey Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.6% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.