Laughing Horse Arts Foundation

Analysis

Laughing Horse Arts Foundation is a registered charity in United States, based in Ellensburg, WA. It received its IRS tax-exemption ruling in July 1984, 42 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 September 2023, Laughing Horse Arts Foundation reported income of $211k and spending of $186k, spending 89% of its income. Across the 3 years on record, from September 2019 to September 2023, income grew from $209k to $211k (+0.5%), an average of +0.3% a year. The sharpest change came in the year to September 2023, when income rose by 27%. 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, Laughing Horse Arts Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within WA. Charities of a similar size with the same main cause include Second Generation Theatre Company Inc ($211k), The Quincy Museum Inc ($211k) and Pumping Station One NFP ($210k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 27% and program service revenue 54% of the total. Other salaries and wages came to $22k. At year end it held assets of $192k against liabilities of $196, net assets of $191k. It reported 1 employees.