Arts & Cultural Alliance of Sarasota County Inc

Analysis

Arts & Cultural Alliance of Sarasota County Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in November 1986, 40 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 September 2023, Arts & Cultural Alliance of Sarasota County Inc reported income of $591k and spending of $525k, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $581k to $591k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts & Cultural Alliance of Sarasota County Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Missoula Community Access Television Inc ($590k), Do It for the Love ($591k) and Trinity Booster Club ($590k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $61k (12% of expenses). Other salaries and wages came to $58k. At year end it held assets of $999k against liabilities of $219k, net assets of $780k. It reported 2 employees.