Paleocultural Research Group

Analysis

Paleocultural Research Group is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in December 1997, 29 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 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, Paleocultural Research Group reported income of $283k and spending of $269k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $327k to $283k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Paleocultural Research Group sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CO. Charities of a similar size with the same main cause include Marmarth Research Foundation ($283k), Anderson Symphony Orchestra Association Inc ($283k) and Bee Cave Arts Foundation ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $52k (20% of expenses). Other salaries and wages came to $98k. At year end it held assets of $118k against liabilities of $2,785, net assets of $115k. It reported 6 employees.