In the Light Arts

Analysis

In the Light Arts is a registered charity in United States, based in Peculiar, MO. It received its IRS tax-exemption ruling in March 2016, 10 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, In the Light Arts reported income of $276k and spending of $274k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $264k to $276k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, In the Light Arts sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within MO. Charities of a similar size with the same main cause include Rewild Portland ($276k), Piedmont Wind Symphony ($276k) and Musical Arts Society of New Orleans ($276k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $80k (29% of expenses). Other salaries and wages came to $1,523. At year end it held assets of $23k against liabilities of $0, net assets of $23k.