Brevard Cultural Alliance Inc

Analysis

Brevard Cultural Alliance Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in July 1977, 49 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 September 2023, Brevard Cultural Alliance Inc reported income of $479k and spending of $438k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $730k to $479k (-34%), an average of -10% a year. The sharpest change came in the year to September 2020, when income dropped by 49%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brevard Cultural Alliance Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Diamano Coura West African Dance Co ($479k), Human Engineering Laboratory Incorporated ($479k) and Region 2 Arts Council ($479k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 20% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $79k (18% of expenses). Other salaries and wages came to $171k. At year end it held assets of $281k against liabilities of $34k, net assets of $247k. It reported 24 employees.