William Monroe Rowlett Academy for Arts and Communication

Analysis

William Monroe Rowlett Academy for Arts and Communication is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, William Monroe Rowlett Academy for Arts and Communication reported income of $21.1m and spending of $18.2m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.4m to $21.1m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, William Monroe Rowlett Academy for Arts and Communication sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Sugar Creek Charter School Inc ($21.1m), 21st Century Charter School at Gary Inc ($21.1m) and Carolina Day School Inc ($21.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $246k (1.4% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $16.6m against liabilities of $13.5m, net assets of $3.1m. It reported 272 employees.