Fort Myers Community Concert Association Inc

Analysis

Fort Myers Community Concert Association Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in November 1980, 46 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 March 2024, Fort Myers Community Concert Association Inc reported income of $288k and spending of $332k, spending 115% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $313k to $288k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to March 2023, when income rose by 33%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Myers Community Concert Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include North Dakota Association of Community Providers ($288k), Iowa Technology and Education Connection ($288k) and Obadiah Browns Benevolent Fund ($288k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 73% and program service revenue 12% of the total. At year end it held assets of $774k against liabilities of $0, net assets of $774k.