Perennial Project

Analysis

Perennial Project is a registered charity in United States, based in Brownsville, PA. It received its IRS tax-exemption ruling in April 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 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, Perennial Project reported income of $147k and spending of $132k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $147k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Perennial Project sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Frankly Music Inc ($147k), Martin and Osa Johnson Safari Museum Inc ($147k) and Chippewa Valley Symphony Foundation TR ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.