Arts for Learning Miami Inc

Analysis

Arts for Learning Miami Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Arts for Learning Miami Inc reported income of $2.1m and spending of $2.2m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.1m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2020, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arts for Learning Miami Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Charlottesville Waldorf School Inc ($2.1m), Scandinavian School in San Francisco ($2.1m) and The Good Shepherd Catholic Montessori ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $132k (6.0% of expenses). Other salaries and wages came to $852k. At year end it held assets of $2.9m against liabilities of $252k, net assets of $2.6m. It reported 97 employees.