Nu Deco Ensemble Inc

Analysis

Nu Deco Ensemble Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 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, Nu Deco Ensemble Inc reported income of $2.0m and spending of $2.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $1.5m to $2.0m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 266%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nu Deco Ensemble Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Joliet Area Historical Museum ($2.0m), Lake Dillon Foundation for the Performing Arts ($2.0m) and Love Station Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. Other salaries and wages came to $513k. At year end it held assets of $339k against liabilities of $287k, net assets of $52k. It reported 9 employees.