South Florida Museum Real Estate Inc

Analysis

South Florida Museum Real Estate Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in July 2018, 8 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Florida Museum Real Estate Inc reported income of $97k and spending of $867k, spending 893% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $97k (+3.2%), an average of +0.8% a year. Over the whole period it spent 863% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Florida Museum Real Estate Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Global Girl Media ($97k), Unionville Tavern Preservation Society ($97k) and Country Dance & Song Society Inc ($97k).

At year end it held assets of $14.7m against liabilities of $11.4m, net assets of $3.3m.

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.