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Passes our checks

Sarasota Concert Association Inc

EIN 59-2850861 · Sarasota, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood83 out of 100GovernanceFair69 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO PRESENT INTERNATIONALLY RENOWNED ORCHESTRAS, CHAMBER ENSEMBLES AND SOLO MUSICIANS TO THE GREATER SARASOTA COMMUNITY, AND TO SHOWCASE OUTSTANDING REGIONAL MUSICIANS IN A SERIES OF FREE PUBLIC CONCERTS.

Income
$1.1 million
Spending
$1.1 million
Spent on programs
82%
Reserves
27.2 months of spending
Largest source of income
fees for its services, 65%
Employees
3
Volunteers
55
Highest pay
$108,458, executive di

Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 83 out of 100. Higher than 65% of charities in its peer group (arts and culture, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 27.2 months of spending.

  • Debt

    20 of 20

    It owes 3% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 1% of income.

  • Income trend

    5 of 15

    Income fell 20% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 69 out of 100. Higher than 19% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    13 of 13 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    9 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $762,286 spent. THE SARASOTA CONCERT ASSOCIATION PRESENTED ITS 5-CONCERT GREAT PERFORMERS SERIES, FEATURING WORLD-RENOWNED ORCHESTRAS, EXCEPTIONAL CHAMBER MUSICIANS AND ACCLAIMED SOLOISTS. THE 2026 SERIES INCLUDED PIANIST ALEXANDER MALOFEEV, THE DANISH STRING QUARTET, THE ROYAL PHILHARMONIC, THE PHILADELPHIA ORCHESTRA, AND THE ACADEMY OF ST MARTIN IN THE FIELDS FEATURING VIOLINIST JOSHUA BELL. PERFORMANCES TOOK PLACE IN SARASOTA'S VAN WEZEL PERFORMING ARTS HALL AND THE RIVERVIEW PERFORMING ARTS CENTER TO A COMBINED AUDIENCE OF OVER 7000 CLASSICAL MUSIC LOVERS. TICKET PRICES WERE 35 AND UP.
  2. $99,924 spent. SPECIAL EVENT CONCERTS MAKE IT POSSIBLE FOR US TO BROADEN AND ATTRACT NEW AUDIENCES, EARN ADDITIONAL REVENUE, AND PRESENT CONCERTS IN DIFFERENT VENUES AND COMMUNITIES. THE 2026 SPECIAL EVENT PERFORMANCES FEATURED THE CANADIAN BRASS IN A HOLIDAY CONCERT AT THE SARASOTA OPERA HOUSE. AN AUDIENCE OF 1028 FILLED THIS VENUE.
  3. $10,380 spent. MUSIC MATINEES ARE FREE CONCERTS FEATURING EXCEPTIONAL REGIONAL MUSICIANS. THIS DAYTIME SERIES MAKES IT POSSIBLE FOR US TO SERVE AND "GIVE BACK" TO THE COMMUNITY BY PROVIDING EXCELLENT, INFORMAL PERFORMANCES FOR FREE. FEATURED ARTISTS VARY AND THIS SEASON INCLUDED A JAZZ ENSEMBLE, A PERCUSSIONIST, A GUITARIST, AND YOUNG OPERA SINGERS FROM THE SARASOTA OPERA STUDIO ARTISTS PROGRAM. CONCERTS ARE PRESENTED AT ST. ANDREW UNITED CHURCH OF CHRIST. THIS SEASON WE SAW OVER 1000 MUSIC LOVERS ACROSS THE FOUR CONCERTS.

Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending March 2026.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1987.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.