Reflections of Manatee Inc

Analysis

Reflections of Manatee Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in November 1997, 29 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 August 2023, Reflections of Manatee Inc reported income of $62k and spending of $131k, spending 211% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income grew from $50k to $62k (+25%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 414%. 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, Reflections of Manatee Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Richmond Concert Pops Inc ($62k), Black Dirt Theater ($62k) and Root River Antique Historical Power Assn Inc ($62k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% and program service revenue 3.9% of the total. Other salaries and wages came to $21k. At year end it held assets of $427k against liabilities of $0, net assets of $427k. It reported 3 employees.