Art Council of Southwest Florida Inc

Analysis

Art Council of Southwest Florida Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in May 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Art Council of Southwest Florida Inc reported income of $228k and spending of $224k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $223k to $228k (+2.3%), an average of +2.3% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Council of Southwest Florida Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Portland Chamber Music Festival ($228k), Mount Vernon Community Childrens Theatre ($228k) and Cest Bon Music Inc ($228k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.