Downtown Sarasota Alliance Inc

Analysis

Downtown Sarasota Alliance Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in August 2007, 19 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, Downtown Sarasota Alliance Inc reported income of $88k and spending of $76k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $57k to $88k (+56%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Downtown Sarasota Alliance Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Old Grantsville Church Foundation ($88k), Dorothy Ramon Learning Center Inc ($88k) and Great North Woods Center for the Arts ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 56% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.