Liberty Center Association for the Arts
Analysis
Liberty Center Association for the Arts is a registered charity in United States, based in Sedalia, MO. It received its IRS tax-exemption ruling in March 2000, 26 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 June 2024, Liberty Center Association for the Arts reported income of $627k and spending of $348k, leaving 44% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $250k to $627k (+151%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 126%. Over the whole period it spent 84% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Liberty Center Association for the Arts sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within MO. Charities of a similar size with the same main cause include Steamship Historical Society of America Inc ($627k), Lanai Culture & Heritage Center ($627k) and Platteforum ($627k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 16% of the total. Other salaries and wages came to $64k. At year end it held assets of $1.6m against liabilities of $465k, net assets of $1.1m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 16%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Steamship Historical Society of America Inc | Warwick | $627k |
| Lanai Culture & Heritage Center | Lanai City | $627k |
| Platteforum | Denver | $627k |
| Blue Barn Theatre | Omaha | $627k |