Siempre Flamenco Inc

Analysis

Siempre Flamenco Inc is a registered charity in United States, based in Surfside, FL. It received its IRS tax-exemption ruling in January 2004, 22 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 December 2021, Siempre Flamenco Inc reported income of $81k and spending of $86k, spending 106% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $92k to $81k (-12%), an average of -6.2% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Siempre Flamenco Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Graham County Historical Association ($81k), Jamie a Hulley Arts Foundation ($81k) and Hackrva Labs ($81k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 55% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.