Lake Wales Arts Council Inc
Lake Wales, Florida
BHealth Score
60B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$665K
Total Revenue
📊
$670K
Total Expenses
🏦
$1.7M
Net Assets
📋
$205K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+42.6%
Year-over-year change (2022 → 2023)
Net Margin
-0.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.60
Net assets divided by total expenses
Liabilities-to-Assets
10.5%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $665,035↑43% | $670,318↑41% | $1,948,136↑7% | |
| 2022 | $466,226↑31% | $476,696↑11% | $1,816,498↓1% | — |
| 2021 | $356,424↓24% | $429,043↓3% | $1,840,832↓3% | — |
| 2020 | $468,868↑23% | $442,748↑10% | $1,907,192↑3% | — |
| 2019 | $381,020↓80% | $403,280↑59% | $1,856,409↓1% | — |
| 2018 | $1,871,689↑938% | $253,946↑36% | $1,871,027↑649% | — |
| 2017 | $180,389↓22% | $186,097↓2% | $249,846↑3% | — |
| 2015 | $232,227↑17% | $190,705↑14% | $242,869↑21% | — |
| 2014 | $198,192↑982% | $167,226↓10% | $201,342↑18% | — |
| 2013 | -$22,480↑96% | $186,520↓42% | $169,953↓55% | — |
| 2012 | -$583,926 | $322,301 | $381,251 | — |
Frequently Asked Questions
What does Lake Wales Arts Council Inc do?▼
Lake Wales Arts Council Inc is a arts, culture & humanities nonprofit organization based in Florida. It is classified under NTEE code A26 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Wales Arts Council Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lake Wales Arts Council Inc.
How much revenue does Lake Wales Arts Council Inc generate?▼
Lake Wales Arts Council Inc reports $430K in annual revenue and holds $1.7M in total assets, based on IRS filings.
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