Florida Artificial Intelligence Research Soc

Analysis

Florida Artificial Intelligence Research Soc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover science and technology, 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 December 2023, Florida Artificial Intelligence Research Soc reported income of $106k and spending of $105k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $106k (+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 93% 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 Artificial Intelligence Research Soc 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 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Wyoming Cowboy Hall of Fame ($106k), Sioux Falls Concerts Association ($106k) and Association to Preserve African American Society History & Trade ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.