Flower City Arts Center Inc

Analysis

Flower City Arts Center Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Flower City Arts Center Inc reported income of $1.1m and spending of $982k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $915k to $1.1m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Flower City Arts Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Packard Motorcar Foundation ($1.1m), 1455 Inc ($1.1m) and Opera Memphis Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $57k (5.8% of expenses). Other salaries and wages came to $464k. At year end it held assets of $812k against liabilities of $144k, net assets of $668k. It reported 23 employees.