Abq Coro Lux

Analysis

Abq Coro Lux is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in December 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 June 2024, Abq Coro Lux reported income of $115k and spending of $113k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $102k to $115k (+12%), an average of +12% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Abq Coro Lux sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 36th percentile within NM. Charities of a similar size with the same main cause include Seacoast Artist Association ($115k), Rose Valley Chorus ($115k) and Fiesta Tableware Company Collectors Organization ($115k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 75% of the total. At year end it held assets of $16k against liabilities of $450, net assets of $16k.