Parrhesia Inc

Analysis

Parrhesia Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parrhesia Inc reported income of $103k and spending of $149k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $103k (+2.9%), an average of +2.9% a year. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Parrhesia Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Swell Collective ($103k), Long Island String Festival Association Inc ($103k) and Pacific Northwest Software Quality Conference ($103k).

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 $59k against liabilities of $11k, net assets of $48k.