Maxwell C King Center For the Performing Arts Inc is a 501(c)(3) organization based in Cocoa, Florida, registered in 1988, with $8,073,489 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$8.1M
▼ 15.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$10.3M
Net assets
$6.9M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Maxwell C King Center For the Performing Arts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Maxwell C King Center For the Performing Arts Inc: 8 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Maxwell C King Center For the Performing Arts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Maxwell C King Center For the Performing Arts Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $1.1M (FY2020) to $8.1M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-27.6%
Spent more than it raised in the latest fiscal year.
Total assets
$9.1M
Total liabilities
$2.1M
Net assets
$6.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,073,489▼15.8% | $10,305,730▲9.2% | $6,939,036▼23.9% | $9,066,883▼18.4% | 990 |
| 2023 | $9,591,824▲33.8% | $9,436,794▲26.4% | $9,114,334▲8.1% | $11,109,712▲6.6% | 990 |
| 2022 | $7,169,300▼14.3% | $7,464,388▲36.3% | $8,430,390▲1.6% | $10,420,953▲2.8% | 990 |
| 2021 | $8,368,626▲666% | $5,476,715▲182% | $8,298,448▲32.8% | $10,137,230▲35.7% | 990 |
| 2020 | $1,092,228 | $1,942,480 | $6,247,840 | $7,468,968 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Maxwell C King Center For the Performing Arts Inc totaling $83K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General use and/or special fund/project | 2019 | $60,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2019 | $9,500 |
| Rochester Area Community Foundation | General support | 2018 | $5,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2017 | $8,500 |
Explore more
Data for Maxwell C King Center For the Performing Arts Inc (EIN 59-2844281) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.