Passion Works

Analysis

Passion Works is a registered charity in United States, based in Athens, OH. It received its IRS tax-exemption ruling in June 2018, 8 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, Passion Works reported income of $682k and spending of $656k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $293k to $682k (+133%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Passion Works sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Kindair at the Benson Theatre ($682k), Competitive Dreams of Youth in the Carolinas ($682k) and American Windmill Museum Inc ($682k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 13% of the total. Other salaries and wages came to $377k. At year end it held assets of $266k against liabilities of $15k, net assets of $251k. It reported 45 employees.