Florida Humanities Council Inc

Analysis

Florida Humanities Council Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in July 1973, 53 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 October 2023, Florida Humanities Council Inc reported income of $2.8m and spending of $2.7m, spending 95% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $2.0m to $2.8m (+41%), an average of +9.0% a year. The sharpest change came in the year to October 2022, when income rose by 136%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Florida Humanities Council Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Garde Arts Center Inc ($2.8m), Palos Verdes Performing Arts ($2.8m) and American Evaluation Association ($2.8m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 101% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $459k (17% of expenses). Other salaries and wages came to $411k. It paid $86k in professional fundraising fees. At year end it held assets of $2.6m against liabilities of $547k, net assets of $2.1m. It reported 12 employees.