Louisiana Crafts Guild Inc

Analysis

Louisiana Crafts Guild Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in July 1999, 27 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 2023, Louisiana Crafts Guild Inc reported income of $372k and spending of $377k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $397k to $372k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 96% 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 Crafts Guild Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within LA. Charities of a similar size with the same main cause include Childrens Museum of Greater Fall River Inc ($372k), Ridgway Chautauqua Society Inc ($372k) and Sol Treasures ($372k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Other salaries and wages came to $105k. At year end it held assets of $120k against liabilities of $8,987, net assets of $111k.