The Shane Lalani Center for the Arts

Analysis

The Shane Lalani Center for the Arts is a registered charity in United States, based in Livingston, MT. It received its IRS tax-exemption ruling in March 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 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, The Shane Lalani Center for the Arts reported income of $967k and spending of $799k, spending 83% of its income. Across the 5 years on record, from August 2019 to December 2023, income grew from $604k to $967k (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 194%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Shane Lalani Center for the Arts 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 79th percentile, and in the 80th percentile within MT. Charities of a similar size with the same main cause include Biblical History Center Inc ($967k), Korean Sports Association of New York Inc ($968k) and Pittsburgh Urban Magnet Project ($966k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $63k (7.8% of expenses). Other salaries and wages came to $354k. At year end it held assets of $4.9m against liabilities of $24k, net assets of $4.9m. It reported 25 employees.