Florida Theatrical Assocation Inc

Analysis

Florida Theatrical Assocation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in December 1989, 37 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 June 2023, Florida Theatrical Assocation Inc reported income of $1.8m and spending of $1.2m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $1.8m (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to June 2022, when income rose by 861%. Over the whole period it spent 72% 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 Theatrical Assocation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Moonbox Productions Inc ($1.8m), Nordic Northwest ($1.8m) and Agriculture & Food Systems Institute ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Other salaries and wages came to $297k. At year end it held assets of $4.7m against liabilities of $116k, net assets of $4.6m. It reported 9 employees.