Photographic Resource Center Inc

Nonprofit profile at a glance

EIN
042610466
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024
Location
Somerville, MA, USA
Phone
6179750600
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Visual Arts Organizations

Reported finances

Revenue
$83,772
Expenses
$100,949
Assets
$161,609
Liabilities
$2,738

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • JOHN BUNZICK (PRESIDENT & TREASURER)
  • CARL MASTANDREA (EXECUTIVE DIRECTOR)

People named in this filing

  • JOHN BUNZICK (PRESIDENT & TREASURER)
  • SUZANNE GAINER (DIRECTOR)
  • SUZANNE REVY (CLERK)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Education in photography.

What it reported doing in 2024

Education: various books, lectures, exhibitions, and workshops are offered throughout the year. Six to eight exhibits are held each year, including the prc annual juried exhibition and the annual prc student exhibition. The prc also conducts themed "nights at the prc", providing an opportunity for photographers to share their work with peers.

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 4
  • Transparency & Controls: 82
  • Sustainability: 32
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 4.1%; rating input score 4
  • Program expense ratio: 3.4%; rating input score 3

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -20.5%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 1.6; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 24.1%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: -20.3% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -5.5% per year; rating input score 0; 33rd percentile among comparable filings
  • Asset growth: 3.2% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 4.1% of revenue deployed · 3.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 4/100.
  • High — Financial Efficiency: Program expense ratio scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 23/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.