Lubbock Moonlight Musicals Inc

Analysis

Lubbock Moonlight Musicals Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in January 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 December 2023, Lubbock Moonlight Musicals Inc reported income of $425k and spending of $529k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $661k to $425k (-36%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 189%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lubbock Moonlight Musicals Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Volunteer Ally ($425k), Basilica Arts Inc ($425k) and McLean County Art Association ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 48% of the total. Other salaries and wages came to $150k. At year end it held assets of $816k against liabilities of $526k, net assets of $290k. It reported 4 employees.