Expressions Learning Arts Academy Inc

Analysis

Expressions Learning Arts Academy Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in June 1999, 27 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Expressions Learning Arts Academy Inc reported income of $903k and spending of $934k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $801k to $903k (+13%), an average of +3.0% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Expressions Learning Arts Academy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Monadnock Media Inc ($903k), Heurich House Foundation ($903k) and Millerton Community Cinema Inc ($903k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $686k. At year end it held assets of $241k against liabilities of $23k, net assets of $218k. It reported 25 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.