M S Community Stars of Performing Arts and Academics Inc

Analysis

M S Community Stars of Performing Arts and Academics Inc is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in April 2016, 10 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, M S Community Stars of Performing Arts and Academics Inc reported income of $55k and spending of $55k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $57k to $55k (-2.3%), an average of -2.3% a year. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, M S Community Stars of Performing Arts and Academics Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Society for Preservation & Encourmt of Barbershop Quartet Singing Amer ($55k), The Houston Jazz Collective ($55k) and Aquarius Aquarium Institute ($55k).

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 $1 against liabilities of $0, net assets of $1.