Cocoa Beach Art Show Inc

Analysis

Cocoa Beach Art Show Inc is a registered charity in United States, based in Cocoa Beach, FL. It received its IRS tax-exemption ruling in October 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 December 2023, Cocoa Beach Art Show Inc reported income of $139k and spending of $131k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $139k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. 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, Cocoa Beach Art Show Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Bamboo Ridge Press ($139k), Historic St Andrews Waterfront Partnership Inc ($139k) and Fop of Virginia Foundation ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $43k against liabilities of $1,751, net assets of $41k.