Sarasota Architectural Foundation Inc

Analysis

Sarasota Architectural Foundation Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in March 2003, 23 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 September 2020, Sarasota Architectural Foundation Inc reported income of $100k and spending of $193k, spending 194% of what it took in. Across the 2 years on record, from September 2019 to September 2020, income fell from $275k to $100k (-64%), an average of -64% a year. The sharpest change came in the year to September 2020, when income dropped by 64%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sarasota Architectural Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Supergeographic Ensemble Theatre ($100k), Colorado Repertory Singers ($100k) and Earth Creative ($100k).

On its Form 990 for the period ending September 2020, revenue came from contributions and grants 211% and program service revenue 77% of the total. At year end it held assets of $345k against liabilities of $45k, net assets of $300k.