Project Merz Inc

Analysis

Project Merz Inc is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Project Merz Inc reported income of $142k and spending of $143k, spending 101% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $183k to $142k (-22%), an average of -22% a year. The sharpest change came in the year to July 2024, when income dropped by 22%. 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, Project Merz Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include Ballet Theatre of Scranton ($142k), Arts Center at Killingworth Inc ($143k) and Critical Mass Dance Company ($142k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. At year end it held assets of $4,122 against liabilities of $300, net assets of $3,822.