Arts, Culture & Humanities
(A20)
990 on File
PIONEER WORKS ART FOUNDATION
Financial strength (30%)
79/100
Reliability (20%)
50/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$13.4M
Total Revenue
$10.6M
Total Expenses
$17.9M
Net Assets
100
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.4%
Fundraising Efficiency
335.0%
Operating Reserve
20.31x
Liability-to-Asset
24.0%
Revenue Diversification
87.4%
Executive Compensation
$606K
Compared with Peers
FY 2023
Compared with 655 similar organizations
(United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
76.4% | 79.6% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.3% | 13.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.3% | 6.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
335.0% | 814.0% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
20.3 mo | 28.2 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
24.0% | 13.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
87.4% | 72.1% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
28.6% | -2.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
21.8% | 12.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
21.2% | 0.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $13.4M | $10.6M | $17.9M | 76.4% | 100 |
| 2022 | $10.4M | $8.7M | $15.1M | 74.6% | 83 |
| 2021 | $7.0M | $6.5M | N/A | — | 57 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.