Safety Harbor Art and Music Center Inc

Analysis

Safety Harbor Art and Music Center Inc is a registered charity in United States, based in Safety Harbor, FL. It received its IRS tax-exemption ruling in January 2012, 14 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 December 2022, Safety Harbor Art and Music Center Inc reported income of $249k and spending of $231k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $87k to $249k (+186%), an average of +42% a year. The sharpest change came in the year to December 2020, when income rose by 361%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Safety Harbor Art and Music Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include CVHS Band Booster Organization ($249k), Crosby Education Foundation ($249k) and Cornerstones of Science ($249k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $556k against liabilities of $120k, net assets of $436k.