Electric Lodge

Analysis

Electric Lodge is a registered charity in United States, based in Venice, CA. It received its IRS tax-exemption ruling in January 2004, 22 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 2022, Electric Lodge reported income of $243k and spending of $310k, spending 128% of what it took in. Across the 2 years on record, from December 2019 to December 2022, income fell from $416k to $243k (-42%), an average of -42% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 122% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Electric Lodge 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 60th percentile within CA. Charities of a similar size with the same main cause include Greenfield Review Press ($243k), Chamber Music Oc ($243k) and Buckland Historical Society Inc ($243k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $58k. At year end it held assets of $69k against liabilities of $592k, net assets of -$522k. It reported 1 employees.