Presentation Lantern

Analysis

Presentation Lantern is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Presentation Lantern reported income of $224k and spending of $216k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $168k to $224k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presentation Lantern sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Pied Piper Pre-School ($224k), Memorial Fund Inc ($224k) and Home Care & Hospice Alliance of Maine ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $64k (29% of expenses). Other salaries and wages came to $72k. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m. It reported 4 employees.