Gulf Coast Mens Chorus

Analysis

Gulf Coast Mens Chorus is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in April 1998, 28 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 June 2024, Gulf Coast Mens Chorus reported income of $80k and spending of $54k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $31k to $80k (+155%), an average of +155% a year. The sharpest change came in the year to June 2024, when income rose by 155%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gulf Coast Mens Chorus sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Briggs-De Laine-Pearson Foundation ($80k), International Society Daughters of Utah Pioneers ($80k) and Ocean City Fine Arts League Inc ($79k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.