Louisiana Humanities Foundation

Analysis

Louisiana Humanities Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in October 1991, 35 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Louisiana Humanities Foundation reported income of $63k and spending of $229k, spending 362% of what it took in. Across the 2 years on record, from October 2022 to October 2023, income grew from $26k to $63k (+143%), an average of +143% a year. The sharpest change came in the year to October 2023, when income rose by 143%. Over the whole period it spent 354% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Louisiana Humanities Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within LA. Charities of a similar size with the same main cause include Pennridge Music Association ($63k), Belmont Arts Collaborative ($63k) and Artsnatchez Inc ($63k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $61k against liabilities of $288k, net assets of -$227k.