Provincetown Public Art Foundation

Analysis

Provincetown Public Art Foundation is a registered charity in United States, based in Provincetown, MA. It received its IRS tax-exemption ruling in June 2022, 4 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 October 2023, Provincetown Public Art Foundation reported income of $83k and spending of $31k, leaving 63% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $22k to $83k (+286%), an average of +286% a year. The sharpest change came in the year to October 2023, when income rose by 286%. 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, Provincetown Public Art Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Vermont Marble Museum Inc ($83k), Lamoille County Players Inc ($83k) and Portland Kinderschule ($83k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.