Florida Keys Concert Association Inc

Analysis

Florida Keys Concert Association Inc is a registered charity in United States, based in Marathon SHRS, FL. It received its IRS tax-exemption ruling in January 1982, 44 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 December 2023, Florida Keys Concert Association Inc reported income of $108k and spending of $103k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $108k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. 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, Florida Keys Concert Association Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Indianapolis Womens Chorus Inc ($108k), Pine Grove Band Boosters ($108k) and Blennerhassett Historical Foundation Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 51% of the total. At year end it held assets of $366k against liabilities of $4,998, net assets of $361k.