Luminary Inc

Analysis

Luminary Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 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 2022, Luminary Inc reported income of $428k and spending of $457k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $559k to $428k (-24%), an average of -8.6% a year. The sharpest change came in the year to December 2021, when income dropped by 39%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Luminary 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 65th percentile within MO. Charities of a similar size with the same main cause include Mosaix Global Network ($427k), Surfing Heritage Foundation ($428k) and Mount Hope Learning Center ($427k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $134k. At year end it held assets of $949k against liabilities of $344k, net assets of $606k. It reported 6 employees.