Concert Association of Florida Inc

Analysis

Concert Association of Florida Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in May 2016, 10 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 June 2024, Concert Association of Florida Inc reported income of $1.1m and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $6,015 to $1.1m (+17906%), an average of +266% a year. The sharpest change came in the year to June 2022, when income rose by 1428582%. Over the whole period it spent 0.0% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Concert Association of Florida Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Friends of the Palace Theater ($1.1m), The Strand Center for the Arts ($1.1m) and Center for Books Arts Incorporated 1974 ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.