Marion Cultural Alliance Inc

Analysis

Marion Cultural Alliance Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in August 2001, 25 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, Marion Cultural Alliance Inc reported income of $397k and spending of $426k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $397k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marion Cultural Alliance Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Nyah Project Inc ($397k), Wirth Center for the Performing Arts ($397k) and Potosi Foundation Inc ($396k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 57% of the total. Other salaries and wages came to $200k. At year end it held assets of $958k against liabilities of $14k, net assets of $944k. It reported 8 employees.