Gulf Coast Artists Alliance Inc

Analysis

Gulf Coast Artists Alliance Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in July 2014, 12 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 August 2023, Gulf Coast Artists Alliance Inc reported income of $94k and spending of $81k, spending 86% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $63k to $94k (+48%), an average of +48% a year. The sharpest change came in the year to August 2023, when income rose by 48%. Over the whole period it spent 91% 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 Artists Alliance Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Baptist History & Heritage Society Inc ($94k), Thompson Falls Film & Theater Foundation ($94k) and Hendricks Symphonic Society Inc ($94k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 35% and program service revenue 3.4% of the total. At year end it held assets of $17k against liabilities of $3,902, net assets of $13k.