Lucie Awards NFP

Analysis

Lucie Awards NFP is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2005, 21 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 December 2023, Lucie Awards NFP reported income of $265k and spending of $265k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $434k to $265k (-39%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lucie Awards NFP sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Vanguri Foundation of America ($265k), The Sedalia Center Inc ($265k) and Kingsmen Shakespeare Company ($265k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $17k against liabilities of $17k, net assets of $313.