Citizens Interested in Arts Inc

Analysis

Citizens Interested in Arts Inc is a registered charity in United States, based in Aventura, FL. It received its IRS tax-exemption ruling in January 1999, 27 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, Citizens Interested in Arts Inc reported income of $84k and spending of $101k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $84k (+2.5%), an average of +2.5% a year. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Citizens Interested in Arts Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include South Camden Theatre Company Inc ($84k), Grosse Pointe South Choir Boosters Inc ($84k) and Filamemphis Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.