Lyceum of Monterey County

Analysis

Lyceum of Monterey County is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in November 2011, 15 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 August 2023, Lyceum of Monterey County reported income of $156k and spending of $191k, spending 123% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $192k to $156k (-19%), an average of -19% a year. The sharpest change came in the year to August 2023, when income dropped by 19%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lyceum of Monterey County sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include The Original Gullah Festival of South Carolina Inc ($156k), Segunda Quimbamba Folkloric Center Inc ($156k) and Expect Renaissance Inc ($156k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. At year end it held assets of $261k against liabilities of $53k, net assets of $208k.