Circus Arts Conservatory Inc
Analysis
Circus Arts Conservatory Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in February 1998, 28 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, Circus Arts Conservatory Inc reported income of $5.2m and spending of $4.8m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $5.2m (+12%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 151%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Circus Arts Conservatory Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Liberty Grove Schools Inc ($5.2m), Trotwood Preparatory and Fitness Academy ($5.2m) and Bonneville Academy ($5.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $186k (3.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $14.6m against liabilities of $730k, net assets of $13.9m. It reported 71 employees.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 59%
- Other 7.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Liberty Grove Schools Inc | Indianapolis | $5.2m |
| Trotwood Preparatory and Fitness Academy | Dayton | $5.2m |
| Bonneville Academy | Ogden | $5.2m |
| Voyage Academy | Clinton | $5.2m |