Association for the Liberty Theatre of Eunice

Analysis

Association for the Liberty Theatre of Eunice is a registered charity in United States, based in Eunice, LA. It received its IRS tax-exemption ruling in September 2020, 6 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, Association for the Liberty Theatre of Eunice reported income of $112k and spending of $15k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $213k to $112k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 9.1% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association for the Liberty Theatre of Eunice sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within LA. Charities of a similar size with the same main cause include Interacademy Partnership Inc ($112k), Columbia Benevolent Organization ($112k) and Association for Recorded Sound Collections Inc ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $8,400 (56% of expenses). At year end it held assets of $567k against liabilities of $0, net assets of $567k.