Bas Fisher Invitational

Analysis

Bas Fisher Invitational is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 2015, 11 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, Bas Fisher Invitational reported income of $207k and spending of $196k, spending 94% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $136k to $207k (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 107%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bas Fisher Invitational sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include State Theater Preservation Society ($207k), Music Conservatory of Coeur D Alene Inc ($207k) and Bach Dancing & Dynamite Society of Wisconsin Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $50k (26% of expenses). Other salaries and wages came to $49k. At year end it held assets of $67k against liabilities of $2,035, net assets of $64k.