Artsouth a Not for Profit

Analysis

Artsouth a Not for Profit is a registered charity in United States, based in Palmetto Bay, FL. It received its IRS tax-exemption ruling in January 2001, 25 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 September 2023, Artsouth a Not for Profit reported income of $199k and spending of $192k, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $187k to $199k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to September 2023, when income rose by 59%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artsouth a Not for Profit sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Dance Up ($199k), Red River Community House Inc ($199k) and Center for the Visual Arts Inc ($199k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Other salaries and wages came to $43k. At year end it held assets of $103k against liabilities of $1,279, net assets of $102k. It reported 4 employees.