Broward Art Guild Inc

Analysis

Broward Art Guild Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in May 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 April 2024, Broward Art Guild Inc reported income of $71k and spending of $79k, spending 111% of what it took in. Across the 2 years on record, from April 2023 to April 2024, income fell from $79k to $71k (-9.0%), an average of -9.0% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Broward Art Guild Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include San Fernando Valley Youth Chorus ($71k), Boise Bard Players Inc ($71k) and East LA Society of Film & Arts ($71k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $6,332 against liabilities of $1,170, net assets of $5,162.