Gateway Orlando Arts
Analysis
Gateway Orlando Arts is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 2019, 7 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 September 2023, Gateway Orlando Arts reported income of $79k and spending of $88k, spending 111% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $69k to $79k (+14%), an average of +4.4% a year. The sharpest change came in the year to September 2023, when income rose by 82%. Over the whole period it spent 103% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gateway Orlando Arts sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include The Alibi Preservation Foundation ($79k), Unbound Visual Arts ($79k) and Raleigh Music Collective Holding 1 ($79k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (45% of expenses). At year end it held assets of $16k against liabilities of $753, net assets of $16k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Alibi Preservation Foundation | Broomfield | $79k |
| Unbound Visual Arts | Brighton | $79k |
| Raleigh Music Collective Holding 1 | Raleigh | $79k |
| Brazilian Cultural Institute | Houston | $79k |