Princess and the Platypus Foundation

Analysis

Princess and the Platypus Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2019, 7 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, Princess and the Platypus Foundation reported income of $385k and spending of $79k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $385k (+1122%), an average of +1122% a year. The sharpest change came in the year to December 2023, when income rose by 1122%. Over the whole period it spent 32% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Princess and the Platypus Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Chamber Music Center of New York Inc ($385k), Asian American Media Inc ($385k) and Renton Civic Theatre ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $364k against liabilities of $241k, net assets of $124k.