Florida Elementary Music Educators Association Inc

Analysis

Florida Elementary Music Educators Association Inc is a registered charity in United States, based in Lady Lake, FL. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Florida Elementary Music Educators Association Inc reported income of $77k and spending of $79k, spending 103% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $45k to $77k (+72%), an average of +72% a year. The sharpest change came in the year to June 2023, when income rose by 72%. Over the whole period it spent 102% 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 Elementary Music Educators Association Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Newstar Chinese School ($77k), Silver Serenaders of Texas Inc ($77k) and Sumter Historic Preservation Society ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 71% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.