Olympia Lamplighters

Analysis

Olympia Lamplighters is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in November 2021, 5 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, Olympia Lamplighters reported income of $135k and spending of $159k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $135k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Olympia Lamplighters sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within WA. Charities of a similar size with the same main cause include Sacred Lands Conservancy ($135k), Bond Street Theatre Coalition Ltd ($135k) and Mt Nebo St Patricks Day Parade Inc ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $22k against liabilities of $41k, net assets of -$19k.