Sarasota Pops Orchestra Inc

Analysis

Sarasota Pops Orchestra Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in March 1979, 47 years ago. 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 April 2024, Sarasota Pops Orchestra Inc reported income of $452k and spending of $327k, leaving 28% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $211k to $452k (+114%), an average of +21% a year. The sharpest change came in the year to April 2021, when income rose by 83%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sarasota Pops Orchestra Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include New Emergency Resource Agency Inc ($452k), National Church Residences of ($452k) and Sealy Christian Pantry Inc ($452k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 37% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $69k (21% of expenses). At year end it held assets of $811k against liabilities of $142k, net assets of $669k.