Livingston Center for Art and Culture Inc

Analysis

Livingston Center for Art and Culture Inc is a registered charity in United States, based in Livingston, MT. It received its IRS tax-exemption ruling in December 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Livingston Center for Art and Culture Inc reported income of $85k and spending of $75k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $65k to $85k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Livingston Center for Art and Culture Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within MT. Charities of a similar size with the same main cause include Aspect Foundation for Music and Arts ($85k), Cousin Collective Inc ($85k) and Minnesota Percussion Association ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $21k (27% of expenses). Other salaries and wages came to $6,926. At year end it held assets of $64k against liabilities of $6,109, net assets of $58k. It reported 5 employees.