Pro Arts

Analysis

Pro Arts is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 1974, 52 years ago. 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 June 2023, Pro Arts reported income of $137k and spending of $144k, spending 105% of what it took in. Across the 5 years on record, from June 2018 to June 2023, income fell from $424k to $137k (-68%), an average of -25% a year. The sharpest change came in the year to June 2023, when income dropped by 74%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pro Arts sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Entraide Francaise Inc ($137k), South Gwinnett High School Touchdown Club Inc ($137k) and Arizona Preservation Foundation ($137k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $96k (67% of expenses). At year end it held assets of $196k against liabilities of $36k, net assets of $159k.