Flagstaff Arts & Leadership Academy Inc

Analysis

Flagstaff Arts & Leadership Academy Inc is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Flagstaff Arts & Leadership Academy Inc reported income of $3.5m and spending of $3.7m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.5m (+13%), an average of +3.2% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Flagstaff Arts & Leadership Academy Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Associated Students California State University Bakersfield Inc ($3.5m), Jordan Education Foundation ($3.5m) and Migizi Communications Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $78k (2.1% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.2m against liabilities of $4.6m, net assets of -$1.4m. It reported 90 employees.