Grand Boulevard Town Center Arts and Entertainment Association Inc

Analysis

Grand Boulevard Town Center Arts and Entertainment Association Inc is a registered charity in United States, based in Miramar Beach, FL. It received its IRS tax-exemption ruling in May 2016, 10 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 December 2023, Grand Boulevard Town Center Arts and Entertainment Association Inc reported income of $856k and spending of $937k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $523k to $856k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grand Boulevard Town Center Arts and Entertainment Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include The Green Room Community Theatre Inc ($856k), Wegner Arboretum Society ($857k) and Glenn H Curtiss Museum of Local History Inc ($856k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $349k against liabilities of $39k, net assets of $310k.