Friends of Perry Mansfield

Analysis

Friends of Perry Mansfield is a registered charity in United States, based in Steamboat Springs, CO. It received its IRS tax-exemption ruling in April 1992, 34 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 September 2023, Friends of Perry Mansfield reported income of $1.9m and spending of $1.9m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $806k to $1.9m (+136%), an average of +24% a year. The sharpest change came in the year to September 2021, when income rose by 232%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Perry Mansfield sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Wcca Inc ($1.9m), Machine Intelligence Research Institute Inc ($1.9m) and Texas State Historical Association ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $62k (3.3% of expenses). Other salaries and wages came to $360k. At year end it held assets of $4.5m against liabilities of $299k, net assets of $4.2m. It reported 26 employees.