Suntan Art Center Inc

Analysis

Suntan Art Center Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in September 1969, 57 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 March 2023, Suntan Art Center Inc reported income of $295k and spending of $250k, spending 85% of its income. Across the 2 years on record, from March 2022 to March 2023, income grew from $210k to $295k (+41%), an average of +41% a year. The sharpest change came in the year to March 2023, when income rose by 41%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Suntan Art Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Paris Community Theater ($295k), Hamilton Wenham Community Access & Media Inc ($295k) and Irish Dance Teachers Association of North America-Southern Region Inc ($295k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 19% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $70k (28% of expenses). At year end it held assets of $97k against liabilities of $0, net assets of $97k. It reported 3 employees.