Flagler Auditorium Governing Board Inc

Analysis

Flagler Auditorium Governing Board Inc is a registered charity in United States, based in Palm Coast, FL. It received its IRS tax-exemption ruling in August 1993, 33 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, Flagler Auditorium Governing Board Inc reported income of $741k and spending of $463k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $741k (-38%), an average of -11% a year. The sharpest change came in the year to June 2022, when income rose by 252%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Flagler Auditorium Governing Board Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Boston Partners in Education Inc ($741k), Crosier Village of Phoenix ($741k) and Resurrection Life Ministry Inc ($741k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. At year end it held assets of $903k against liabilities of $36k, net assets of $867k.