Osceola Center for the Arts

Analysis

Osceola Center for the Arts is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in March 1967, 59 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 August 2023, Osceola Center for the Arts reported income of $2.0m and spending of $1.7m, spending 85% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $2.0m (+58%), an average of +12% a year. The sharpest change came in the year to August 2023, when income rose by 80%. 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, Osceola Center for the Arts sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Innovate Mississippi ($2.0m), Elmhurst Art Museum ($2.0m) and The Film Society of Minneapolis St Paul ($2.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 69% and program service revenue 29% of the total. Other salaries and wages came to $651k. At year end it held assets of $3.0m against liabilities of $132k, net assets of $2.9m. It reported 14 employees.