Liberty City Arts

Nonprofit profile at a glance

EIN
934569805
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Philadelphia, PA, USA
Phone
2152538334
Rating
29
Verdict
REVIEW
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Official website

Reported finances

Revenue
$19,787
Expenses
$37,871
Assets
$61,916
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • Samual Keeler (President & Executive Director)
  • Amanda Staub (Vice President)

People named in this filing

  • Samual Keeler (President & Executive Director)
  • Amanda Staub (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Liberty City Arts is a 501(c)(3) nonprofit devoted to creating a vibrant art community in the heart of Philadelphia. We are dedicated to uniting passionate art enthusiasts and artists through transformative art experiences that leave a mark on our city's cultural landscape. Our commitment also extends to providing support for artists at all stages of their careers, ensuring they not only thrive but also have the opportunity to showcase their exceptional talents.

What it reported doing in 2024

The non-profit was formally established on November 28, 2023. The primary accomplishment of the organization was becoming tax exempt, setting up bank accounts, and completing transfer of stock assets be able to establish a budget for 2024.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 64
  • Sustainability: 36
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 77.8%; rating input score 78; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -91.4%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 1.63; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 200% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: -24.9% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.