Arts, Culture & Humanities
(A20)
990 on File
PENNSYLVANIA AVENUE BLACK ARTS AND ENTERTAINMENT DISTRICT INC
Financial strength (30%)
77/100
Reliability (20%)
45/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.7M
Total Revenue
$1.2M
Total Expenses
$756K
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
73.9%
Fundraising Efficiency
251.0%
Operating Reserve
7.67x
Liability-to-Asset
8.0%
Revenue Diversification
97.9%
Executive Compensation
$214K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
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
|
73.9% | 77.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.2% | 14.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.8% | 5.4% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
251.0% | 240.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.7 mo | 16.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
8.0% | 10.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.9% | 74.5% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
60.3% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.5% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
31.0% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.7M | $1.2M | $756K | 73.9% | 7 |
| 2023 | $1.1M | $1.1M | $223K | 72.0% | 6 |
| 2022 | $717K | $588K | $233K | 83.8% | 5 |
| 2021 | $929K | $416K | N/A | — | 2 |
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