Teche Center for the Arts

Analysis

Teche Center for the Arts is a registered charity in United States, based in Breaux Bridge, LA. It received its IRS tax-exemption ruling in September 2018, 8 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, Teche Center for the Arts reported income of $246k and spending of $123k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $203k to $246k (+21%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Teche Center for the Arts sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within LA. Charities of a similar size with the same main cause include Colorado Music Bridge ($246k), Monterey Peninsula Ballet Theatre Corp ($246k) and Dedham School of Music Incorporated ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $41k. At year end it held assets of $1.3m against liabilities of $768k, net assets of $542k. It reported 3 employees.