Live Arts Inc
Only null% goes to programs Strong reserves Growing revenue
Live Arts Inc is a 501(c)(3) organization based in Charlottesvle, Virginia, registered in 1990, with $966,800 in FY2023 revenue. CharityIndex grades it C+.
Po Box 1231, Charlottesvle, VA, 22902 EIN 54-1527799 Since 1990
Revenue (FY2023)
$967K
▼ 4.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$1.1M
Net assets
$997K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Live Arts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating11 mo reserves · -14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Live Arts Inc: 11 mo reserves · -14% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Live Arts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Live Arts Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 1231, Charlottesvle, VA, 22902
- City
- Charlottesvle
- State
- Virginia
- Category
- Arts, Culture & Humanities
- Subcategory
- Performing Arts
- Website
- …
Financial trends
Revenue declined from $1.2M (FY2013) to $967K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $166KNet assets $997K
Operating margin
-14.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$166K
Net assets
$997K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $966,800▼4.6% | $1,103,463▲2.1% | $997,234▼11.5% | $1,163,064▼6.9% | 990 |
| 2022 | $1,013,115▲2.2% | $1,080,339▲14.0% | $1,126,540▼6.0% | $1,248,729▼6.6% | 990 |
| 2021 | $991,716▲40.1% | $947,350▲46.8% | $1,198,425▼3.2% | $1,337,450▲4.5% | 990 |
| 2020 | $707,865▼6.8% | $645,125▼23.4% | $1,238,301▲8.2% | $1,279,605▲3.5% | 990 |
| 2019 | $759,253▼22.8% | $842,352▼11.8% | $1,144,009▼6.4% | $1,236,448▼4.4% | 990 |
| 2018 | $983,925▲12.4% | $955,073▲7.6% | $1,221,695▲3.2% | $1,293,676▲1.0% | 990 |
| 2017 | $875,491▲8.7% | $887,691▲3.5% | $1,184,243▼0.3% | $1,280,323▲0.3% | 990 |
| 2016 | $805,463▼5.0% | $857,909▼16.5% | $1,187,600▼3.6% | $1,276,644▼1.8% | 990 |
| 2015 | $847,910▼2.4% | $1,027,411▲1.0% | $1,232,387▼12.7% | $1,300,327▼16.4% | 990 |
| 2014 | $869,045▼30.4% | $1,016,977▲5.7% | $1,411,888▼9.5% | $1,555,952▼15.8% | 990 |
| 2013 | $1,248,422 | $961,716▲5.9% | $1,559,820▲293% | $1,847,105▲310% | 990 |
| 2012 | — | $907,964 | $396,924 | $450,117 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $439K total
45 grants to Live Arts Inc totaling $439K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $12,075 |
| American Endowment Foundation | General operating support | 2023 | $10,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $5,050 |
| Charlottesville Area Community Foundation | First of 3 annual gifts of $15k designated to the stipend for the director of the water works festival for new works, support of teen programming and grant application | 2022 | $32,500 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $7,500 |
| Charlottesville Area Community Foundation | 2021 enriching communities grant | 2021 | $10,000 |
| Charlottesville Area Community Foundation | General purposes | 2021 | $10,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2021 | $6,000 |
| Charlottesville Area Community Foundation | General purposes | 2020 | $29,270 |
| Charlottesville Area Community Foundation | Community recovery & catalyst grant | 2020 | $15,000 |
| Charlottesville Area Community Foundation | May match challenge for "angels" | 2020 | $10,000 |
| The Bessemer Giving Fund | General support | 2020 | $500 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2019 | $10,450 |
| Charlottesville Area Community Foundation | General purpose | 2019 | $10,000 |
| Charlottesville Area Community Foundation | Unrestricted giving | 2019 | $10,000 |
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Frequently asked questions
- Is Live Arts Inc a legitimate nonprofit?
- Yes. Live Arts Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1527799, based in Charlottesvle, Virginia. Donations are tax-deductible.
- What is Live Arts Inc's EIN?
- Live Arts Inc's Employer Identification Number (EIN) is 54-1527799.
- How much revenue does Live Arts Inc report?
- Live Arts Inc reported $966,800 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Live Arts Inc have?
- CharityIndex grades Live Arts Inc C+, based on financial health (reserves and operating margin).
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Explore more
Data for Live Arts Inc (EIN 54-1527799) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.