The Gay Mens Chorus of Tampa Bay Inc

Analysis

The Gay Mens Chorus of Tampa Bay Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in May 2006, 20 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 2023, The Gay Mens Chorus of Tampa Bay Inc reported income of $72k and spending of $63k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $72k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Gay Mens Chorus of Tampa Bay Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Art in the Loop Foundation ($72k), Jersey County Historical Society ($72k) and Civic Life Project Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 29% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.