Miami Art Club Inc

Analysis

Miami Art Club Inc is a registered charity in United States, based in Key Biscayne, FL. It received its IRS tax-exemption ruling in July 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Miami Art Club Inc reported income of $101k and spending of $105k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $74k to $101k (+37%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 30%. 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, Miami Art Club Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Eastside Kings Foundation ($101k), Music and Kids a California Non Profit Corporation ($101k) and Backstage and Performing Artists Company ($101k).

At year end it held assets of $10k against liabilities of $0, net assets of $10k.