Florence Regional Arts Alliance

Analysis

Florence Regional Arts Alliance is a registered charity in United States, based in Florence, OR. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Florence Regional Arts Alliance reported income of $131k and spending of $109k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $131k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Florence Regional Arts Alliance sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OR. Charities of a similar size with the same main cause include Army Transportation Museum Foundation ($131k), Lemon Street Gallery ($131k) and Coopersville Farm Museum Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 62% of the total. At year end it held assets of $90k against liabilities of $150, net assets of $90k.