Middle School of the Arts Foundation Inc

Analysis

Middle School of the Arts Foundation Inc is a registered charity in United States, based in N Palm Beach, FL. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Middle School of the Arts Foundation Inc reported income of $459k and spending of $333k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $194k to $459k (+136%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Middle School of the Arts Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Campus Middle School for Girls ($459k), Futuresnw ($459k) and Cornerstone Christian School ($459k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $101k (30% of expenses). At year end it held assets of $2.2m against liabilities of $1,916, net assets of $2.2m. It reported 1 employees.