Shaw Center for the Arts LLC

Analysis

Shaw Center for the Arts LLC is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in July 2003, 23 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Shaw Center for the Arts LLC reported income of $933k and spending of $2.1m, spending 227% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $917k to $933k (+1.7%), an average of +0.4% a year. Over the whole period it spent 219% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shaw Center for the Arts LLC sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within LA. Charities of a similar size with the same main cause include Limelight Theatre Inc ($932k), Tennessee Shakespeare Company ($933k) and Emerald Media Group Inc ($932k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 81% of the total. Other salaries and wages came to $237k. At year end it held assets of $24.0m against liabilities of $423k, net assets of $23.6m. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.