Parsons Nose Productions

Analysis

Parsons Nose Productions is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in May 2000, 26 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 June 2024, Parsons Nose Productions reported income of $225k and spending of $227k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $196k to $225k (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Parsons Nose Productions sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Regina Klenjoski Dance Company ($225k), Langley Flight Foundation ($225k) and Ruth Stage Inc ($225k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 10% of the total. Other salaries and wages came to $28k. At year end it held assets of $338k against liabilities of $98k, net assets of $239k.