Pictura at Far Inc

Analysis

Pictura at Far Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in August 2020, 6 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Pictura at Far Inc reported income of $98k and spending of $98k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $244k to $98k (-60%), an average of -26% a year. The sharpest change came in the year to December 2021, when income dropped by 121%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pictura at Far Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within IN. Charities of a similar size with the same main cause include Oh Art Foundation ($98k), Delaware Music Educators Associat Ion ($98k) and Magical Experiences Arts Company Ltd ($98k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% of the total. At year end it held assets of $15k against liabilities of $2,390, net assets of $12k.