United Arts of Central Florida Inc

Analysis

United Arts of Central Florida Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 1967, 59 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 June 2023, United Arts of Central Florida Inc reported income of $12.3m and spending of $12.4m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $9.2m to $12.3m (+34%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, United Arts of Central Florida Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Cincinnati Institute of Fine Arts ($12.3m), Museum of Arts and Design ($12.3m) and Grant Park Orchestral Association ($12.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $325k (2.6% of expenses). Other salaries and wages came to $602k. At year end it held assets of $10.1m against liabilities of $7.5m, net assets of $2.6m. It reported 17 employees.