Krewe of Pyros Foundation

Analysis

Krewe of Pyros Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Krewe of Pyros Foundation reported income of $449k and spending of $449k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $320k to $449k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Krewe of Pyros Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 41st percentile within DC. Charities of a similar size with the same main cause include Prism Quartet Incorporated ($449k), Cape Fox Cultural Foundation Inc ($449k) and Basque Foundation Inc ($449k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. At year end it held assets of $587k against liabilities of $533k, net assets of $55k.