Florida Association for Media in Education Inc

Analysis

Florida Association for Media in Education Inc is a registered charity in United States, based in N Palm Beach, FL. It received its IRS tax-exemption ruling in October 1975, 51 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 December 2023, Florida Association for Media in Education Inc reported income of $331k and spending of $340k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $300k to $331k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 475%. Over the whole period it spent 87% 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 Association for Media in Education Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Scripps Ranch Theatre ($331k), Dixie Center for the Arts ($331k) and Anthology of Recorded Music Inc ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $472k against liabilities of $0, net assets of $472k.