United Arts Council of Collier County Inc

Analysis

United Arts Council of Collier County Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in April 1981, 45 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 June 2023, United Arts Council of Collier County Inc reported income of $239k and spending of $276k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $386k to $239k (-38%), an average of -11% a year. The sharpest change came in the year to June 2020, when income dropped by 30%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Arts Council of Collier County Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include The Catholic Kolping Society of America Los Angeles Branch Inc ($239k), Farmland Child Development Center Child Development Center ($239k) and Hebron Interfaith Human Services Inc ($239k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $21k (7.6% of expenses). Other salaries and wages came to $85k. At year end it held assets of $77k against liabilities of $126k, net assets of -$49k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.