Florida Art Education Association

Analysis

Florida Art Education Association is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in August 1975, 51 years ago. 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 June 2023, Florida Art Education Association reported income of $246k and spending of $193k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $183k to $246k (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 115%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Art Education Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Angel Charitable Corporation ($246k), Glendale Police Foundation ($246k) and Haws Run Volunteer Fire Department Inc ($246k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 57% of the total. At year end it held assets of $258k against liabilities of $17k, net assets of $241k.