School of Arts and Sciences Foundation Inc

Analysis

School of Arts and Sciences Foundation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, School of Arts and Sciences Foundation Inc reported income of $9.0m and spending of $8.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.4m to $9.0m (+41%), an average of +9.1% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, School of Arts and Sciences Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Wilberforce School Inc ($9.0m), Rogers Park Montessori School ($9.0m) and Distributive Education Clubs of America ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $199k (2.2% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $16.5m against liabilities of $13.7m, net assets of $2.8m. It reported 240 employees.