Freedom Arts and Education Center

Analysis

Freedom Arts and Education Center is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in November 2013, 13 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, Freedom Arts and Education Center reported income of $217k and spending of $214k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $221k to $217k (-1.7%), an average of -0.9% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Freedom Arts and Education Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within MO. Charities of a similar size with the same main cause include Bharatam Academy of Dance Arts ($217k), Rock Island County Historical Society ($217k) and Historic Downtown Prosser Association ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $112k (52% of expenses). At year end it held assets of $5,772 against liabilities of $0, net assets of $5,772. It reported 4 employees.