Photo-based Art Inc is a 501(c)(3) organization based in Brooklyn, New York, registered in 2005, with $8,984 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$8,984
▼ 13.5% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$6,770
Net assets
$1,227
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Photo-based Art Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Photo-based Art Inc: 2 mo reserves · +25% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Photo-based Art Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Photo-based Art Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $335K (FY2013) to $8,984 (FY2024) across 12 reported years.
Financial snapshot
Operating margin
24.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14K
Total liabilities
$13K
Net assets
$1,227
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,984▼13.5% | $6,770▼46.6% | $1,227▲224% | $14,415▼30.0% | 990EZ |
| 2023 | $10,388▼70.3% | $12,687▼76.7% | -$987▼175% | $20,583▲57.3% | 990EZ |
| 2022 | $35,016▲201% | $54,529▲106% | $1,312▼93.7% | $13,084▼46.0% | 990EZ |
| 2021 | $11,636▼79.8% | $26,463▲64.3% | $20,825▼41.6% | $24,249▼38.6% | 990EZ |
| 2020 | $57,680▲453% | $16,102▲25.0% | $35,652▲702% | $39,481▲7001% | 990EZ |
| 2019 | $10,425▲107% | $12,878▲59.0% | -$5,926▼70.8% | $556▼81.0% | 990 |
| 2018 | $5,025▼87.8% | $8,100▼79.7% | -$3,470▼778% | $2,930▲151% | 990 |
| 2017 | $41,082▲117% | $39,962▲145% | -$395▲73.9% | $1,169▼90.8% | 990 |
| 2016 | $18,935▼38.4% | $16,278▼25.7% | -$1,515▲63.7% | $12,703▲9.5% | 990 |
| 2015 | $30,744▼81.5% | $21,910▼91.7% | -$4,172▲67.9% | $11,605▼43.0% | 990 |
| 2014 | $165,930▼50.5% | $263,722▲50.5% | -$13,006▼115% | $20,361▼89.5% | 990 |
| 2013 | $334,885 | $175,220▲8.1% | $84,786▲213% | $193,050▲532% | 990 |
| 2012 | — | $162,158▲24.3% | -$74,879▼22.7% | $30,530▲17.8% | 990 |
| 2011 | — | $130,448 | -$61,024 | $25,918 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Photo-based Art Inc (EIN 20-1484878) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.