Leading Edge Productions Inc

Analysis

Leading Edge Productions Inc is a registered charity in United States, based in Chestnut Hill, MA. It received its IRS tax-exemption ruling in January 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 (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, Leading Edge Productions Inc reported income of $80k and spending of $113k, spending 142% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $891k to $80k (-91%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 76%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Leading Edge Productions Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Catharine Lorillard Wolf Art Club Inc ($80k), Warren County Summer Music School Inc ($80k) and Glendale Youth Orchestra ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $34k against liabilities of $9,477, net assets of $25k.