Northeast Louisiana Arts Council

Analysis

Northeast Louisiana Arts Council is a registered charity in United States, based in West Monroe, LA. It received its IRS tax-exemption ruling in August 1981, 45 years ago. 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, Northeast Louisiana Arts Council reported income of $248k and spending of $246k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $349k to $248k (-29%), an average of -6.6% a year. The sharpest change came in the year to June 2020, when income dropped by 33%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northeast Louisiana Arts Council sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within LA. Charities of a similar size with the same main cause include Digital Infrastructure Futures Foundation ($248k), Connecting Cultures Mobile Museum ($248k) and Little League Baseball Inc ($248k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $69k (28% of expenses). Other salaries and wages came to $27k. At year end it held assets of $215k against liabilities of $13k, net assets of $202k. It reported 2 employees.