Sunflower Creative Arts Inc

Analysis

Sunflower Creative Arts Inc is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sunflower Creative Arts Inc reported income of $906k and spending of $985k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $669k to $906k (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sunflower Creative Arts Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Friends Of@cincinnati Landmark Productions ($906k), Red River Film Society Inc ($907k) and Operalia Foundation Inc ($906k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $567k. At year end it held assets of $1.3m against liabilities of $905k, net assets of $411k. It reported 20 employees.