Gay Mens Chorus of South Florida Inc

Analysis

Gay Mens Chorus of South Florida Inc is a registered charity in United States, based in Wilton Manors, FL. It received its IRS tax-exemption ruling in November 2010, 16 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 June 2023, Gay Mens Chorus of South Florida Inc reported income of $977k and spending of $1.0m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $570k to $977k (+71%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 103%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gay Mens Chorus of South Florida Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Dance Educators of America Inc ($976k), Seattle Chamber Music Society Foundation ($977k) and Illusion Theater and School Inc ($976k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $96k (9.4% of expenses). Other salaries and wages came to $97k. At year end it held assets of $547k against liabilities of $105k, net assets of $442k. It reported 4 employees.