Miami-Dade North Arts & Humanities Foundation Inc

Analysis

Miami-Dade North Arts & Humanities Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 2019, 7 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, Miami-Dade North Arts & Humanities Foundation Inc reported income of $894k and spending of $500k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $338k to $894k (+165%), an average of +165% a year. The sharpest change came in the year to December 2023, when income rose by 165%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Miami-Dade North Arts & Humanities Foundation Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Franklinton Arts District ($894k), 1619 Freedom School ($894k) and Institute for Palestine Studies USA Inc ($893k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $906k against liabilities of $558k, net assets of $348k.