Downtown Arts Alliance

Analysis

Downtown Arts Alliance is a registered charity in United States, based in West Monroe, LA. It received its IRS tax-exemption ruling in May 2010, 16 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, Downtown Arts Alliance reported income of $69k and spending of $51k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $69k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Downtown Arts Alliance sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within LA. Charities of a similar size with the same main cause include Williamsburg Harmony Hill Association Inc ($69k), Cuatro Puntos Inc ($69k) and Maryland Conservatory of Music Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.