TLQ Inc

Analysis

TLQ Inc is a registered charity in United States, based in Clermont, GA. It received its IRS tax-exemption ruling in April 2011, 15 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 December 2023, TLQ Inc reported income of $86k and spending of $139k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $371k to $86k (-77%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, TLQ Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within GA. Charities of a similar size with the same main cause include School of Theatrical Dance Inc ($86k), Fishtank Theatre Inc ($86k) and I-Kuan Tao Fycd Cultural and Educational Association Washington ($86k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 62% of the total. At year end it held assets of $276k against liabilities of $0, net assets of $276k.