Preservation Mirage Inc

Analysis

Preservation Mirage Inc is a registered charity in United States, based in Rancho Mirage, CA. It received its IRS tax-exemption ruling in January 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, Preservation Mirage Inc reported income of $61k and spending of $56k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $61k (+6.8%), an average of +6.8% a year. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Preservation Mirage Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Veterans in Service to Alaskans ($61k), Artfullness Project ($61k) and Sanatan Bengali Society ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 133% of the total. At year end it held assets of $78k against liabilities of $2,862, net assets of $75k.