Florida Museum of Photographic Arts Inc

Analysis

Florida Museum of Photographic Arts Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Florida Museum of Photographic Arts Inc reported income of $434k and spending of $433k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $434k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 99% 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 Museum of Photographic Arts Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Stephen Manley Evangelistic Association Inc ($434k), Lawndale Art and Performance Center ($434k) and Chicago Summer Opera Incorporated ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Other salaries and wages came to $205k. At year end it held assets of $512k against liabilities of $53k, net assets of $459k. It reported 9 employees.