Pyroclastic Arts Inc

Analysis

Pyroclastic Arts Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 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 (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, Pyroclastic Arts Inc reported income of $143k and spending of $120k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $143k (+14%), an average of +14% a year. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pyroclastic Arts Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Buffalo Club Preservation Foundation Inc ($143k), Music From Japan Inc ($143k) and Denver Rail Heritage Society Inc ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.