Liberty Painting Corporation

Nonprofit profile at a glance

EIN
942985366
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024
Location
Yreka, CA, USA
Phone
5308420222
Rating
93
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$109,915
Expenses
$123,534
Assets
$46,598

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

Leadership & pay

9 people listed

Executive titles in this filing

  • ROBIN BAILEY (President)

People named in this filing

  • KIMBERLEY PRESLEY (Treasurer)
  • SHEILA MASSON (Secretary)
  • BARRY PRICE (Director)

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

To serve the community with enriching cultural opportunities

What it reported doing in 2024

GALLERY EXHIBITION, In 2024, Liberty Arts presented nine broad-ranging community exhibitions providing our community with access to new works of contemporary art. The gallery offered participation opportunities, an invitation to submit work and to curate special shows of local interest. These included an open call exhibition welcoming all types of textile art highlighting the artistic perspective of local artists with 43 submissions. A second open call, Patterns in Nature, featuring work inspired by nature, had 69 submissions. A third open call, Avgolemono, was exclusive to members of the gallery and featured work from 35 local artists. Our inclusive slate of shows throughout the year highlighted 2 different exhibitions featuring experimental abstracts in different media by renowned local artists, a culturally diverse mask exhibition, paintings from contermporary artist, Finley Fryer and Associates, and sculptures and paintings by two career gallery artists and octogenarians. Perhaps our most unique show was Interactive Sensory, where eight artists provided gallery experiences to appeal to all senses. Our non-profit gallery recorded 1,484 visitors to these events, with free admission. 98 differest artists shared their work throughout the year, with many traveling from out of the area. Addionally, we paid 6 contracted artists who bought musical performances to our openings. We recorded 520 volunteer hours in 2024.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.6%; rating input score 99
  • Program expense ratio: 87.7%; rating input score 88

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -12.4%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 3%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 5.4% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 14.3% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 98.6% of revenue deployed · 87.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $108K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 13/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.