Liberty Community Chorus

Analysis

Liberty Community Chorus is a registered charity in United States, based in Liberty, MO. It received its IRS tax-exemption ruling in March 2006, 20 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Liberty Community Chorus reported income of $53k and spending of $64k, spending 121% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $65k to $53k (-18%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Liberty Community Chorus sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within MO. Charities of a similar size with the same main cause include Lea County Museum Inc ($53k), Carmi Christmas Elves Inc ($53k) and Northern Pacific Depot Foundation Inc ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 23% of the total. At year end it held assets of $15k against liabilities of $460, net assets of $14k.