Historic Downtown Liberty Inc

Analysis

Historic Downtown Liberty Inc is a registered charity in United States, based in Liberty, MO. It received its IRS tax-exemption ruling in December 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, Historic Downtown Liberty Inc reported income of $363k and spending of $377k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $363k (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Downtown Liberty Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within MO. Charities of a similar size with the same main cause include American Theater Group Inc ($363k), Web Chaver Inc ($363k) and Bugle Boy Foundation ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Other salaries and wages came to $116k. At year end it held assets of $169k against liabilities of $59k, net assets of $110k. It reported 4 employees.