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
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.