Dunedin Fine Arts Cultural Center Inc

Analysis

Dunedin Fine Arts Cultural Center Inc is a registered charity in United States, based in Dunedin, FL. It received its IRS tax-exemption ruling in February 1978, 48 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, Dunedin Fine Arts Cultural Center Inc reported income of $2.3m and spending of $2.8m, spending 122% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.9m to $2.3m (-21%), an average of -5.6% a year. The sharpest change came in the year to September 2020, when income dropped by 30%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dunedin Fine Arts Cultural Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Metropolitan Golf Association Foundation ($2.3m), American Institute for Contemporary German Studies John Hopkins Univ ($2.3m) and Johnson Hall Inc ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 41% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $117k (4.1% of expenses). Other salaries and wages came to $789k. At year end it held assets of $7.9m against liabilities of $426k, net assets of $7.5m. It reported 26 employees.