Long Center Inc

Analysis

Long Center Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in August 1987, 39 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, Long Center Inc reported income of $1.3m and spending of $1.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $1.3m (+171%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Long Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Teco Theatrical Productions Inc ($1.3m), Tallahassee Symphony Orchestra Inc ($1.3m) and Discovery Center of the Southern Tier ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $91k (6.7% of expenses). Other salaries and wages came to $153k. At year end it held assets of $998k against liabilities of $15k, net assets of $982k. It reported 11 employees.