Lyrica Baroque

Analysis

Lyrica Baroque is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in November 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lyrica Baroque reported income of $94k and spending of $106k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $94k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lyrica Baroque sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within LA. Charities of a similar size with the same main cause include Thompson Falls Film & Theater Foundation ($94k), Kobuk 440 Racing Association Inc ($94k) and Gulf Coast Artists Alliance Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 114% and program service revenue 8.0% of the total. At year end it held assets of $24k against liabilities of $2,263, net assets of $22k.