Liceo de Arte Del Sur Inc

Analysis

Liceo de Arte Del Sur Inc is a registered charity in United States, based in Ponce, PR. It received its IRS tax-exemption ruling in June 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 June 2024, Liceo de Arte Del Sur Inc reported income of $60k and spending of $49k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $65k to $60k (-8.0%), an average of -8.0% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Liceo de Arte Del Sur Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 17th percentile within PR. Charities of a similar size with the same main cause include Meigs Band Boosters ($60k), Encaustic Art Inc ($60k) and Artist Incubation Inc ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $1,212 against liabilities of $3,041, net assets of -$1,829.