South Louisiana Center for the Arts

Analysis

South Louisiana Center for the Arts is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in February 2002, 24 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, South Louisiana Center for the Arts reported income of $61k and spending of $52k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $61k (-6.0%), an average of -6.0% a year. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Louisiana Center for the Arts sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within LA. Charities of a similar size with the same main cause include Scarsdale Historical Society ($61k), Ralston Community Theatre Inc ($61k) and Bravissima-Women Sponsoring the Arts ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. At year end it held assets of $73k against liabilities of $60, net assets of $73k.