Acadiana Center for the Arts

Analysis

Acadiana Center for the Arts is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in June 1975, 51 years ago. 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 June 2024, Acadiana Center for the Arts reported income of $4.2m and spending of $3.5m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $4.2m (+159%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Acadiana Center for the Arts sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within LA. Charities of a similar size with the same main cause include The Arc Montgomery ($4.2m), Association for Learning Environments ($4.2m) and Midlands Housing Alliance Inc ($4.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 31% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.7m against liabilities of $804k, net assets of $1.9m. It reported 35 employees.