Pink Arrow Arts

Analysis

Pink Arrow Arts is a registered charity in United States, based in Montrose, PA. It received its IRS tax-exemption ruling in May 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 (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, Pink Arrow Arts reported income of $60k and spending of $65k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $60k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. 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, Pink Arrow Arts 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 22nd percentile within PA. Charities of a similar size with the same main cause include The Greater Westhampton Historical Museum ($60k), Corbin Theatre Company ($60k) and Eugene Aikikai ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $191k against liabilities of $130k, net assets of $61k.