Bilingual School of Business & Performing Arts Inc

Analysis

Bilingual School of Business & Performing Arts Inc is a registered charity in United States, based in Hialeah, FL. It received its IRS tax-exemption ruling in June 2014, 12 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 June 2023, Bilingual School of Business & Performing Arts Inc reported income of $737k and spending of $703k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $280k to $737k (+164%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 135%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bilingual School of Business & Performing Arts Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Crossroads of the American Revolution Association Inc ($737k), Society for Military History ($737k) and Wausau Conservatory of Music Inc ($737k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $85k (12% of expenses). Other salaries and wages came to $139k. At year end it held assets of $507k against liabilities of $110k, net assets of $397k. It reported 2 employees.