Dillard Center for the Arts Foundation

Analysis

Dillard Center for the Arts Foundation is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in December 2022, 4 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 December 2023, Dillard Center for the Arts Foundation reported income of $168k and spending of $205k, spending 122% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $456k to $168k (-63%), an average of -28% a year. The sharpest change came in the year to December 2022, when income rose by 238%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dillard Center for the Arts Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Wing Family of America Inc ($168k), Plant City Photo Archives Inc ($168k) and Ipalpiti Artists International Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $191k against liabilities of $864, net assets of $190k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.