Highlands Art League Inc

Analysis

Highlands Art League Inc is a registered charity in United States, based in Sebring, FL. It received its IRS tax-exemption ruling in March 1969, 57 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Highlands Art League Inc reported income of $88k and spending of $112k, spending 128% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $72k to $88k (+22%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 113%. Over the whole period it spent 134% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Highlands Art League Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include East Fishkill Historical Society ($88k), Cohasset Dramatic Club Inc ($88k) and Friends of the Three Bears Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 52% of the total. At year end it held assets of $95k against liabilities of $2,170, net assets of $93k.