St Petersburg Arts Alliance Inc

Analysis

St Petersburg Arts Alliance Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in February 2013, 13 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, St Petersburg Arts Alliance Inc reported income of $656k and spending of $637k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $485k to $656k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, St Petersburg Arts Alliance Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Greater Connecticut Youth Orchestras Inc ($656k), Unbridled Thoroughbred Foundation ($656k) and Holocaust and Human Rights Education Center ($656k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $92k (14% of expenses). Other salaries and wages came to $160k. At year end it held assets of $553k against liabilities of $229k, net assets of $324k. It reported 5 employees.