Nonprofit · EIN 56-2234909
LIBERTY ARTS INC
Tax-exempt · DURHAM, NC 27701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $430,274 | $422,319 | $7,955 | $117,618 | $1,045 | $116,573 |
| December 31, 2024 | 990 | $281,926 | $272,767 | $9,159 | $108,976 | $358 | $108,618 |
| December 31, 2023 | 990 | $254,685 | $289,322 | -$34,637 | $102,296 | $3,347 | $98,949 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $84,796
- of which government grants
- $25,745
- Program service revenue
- $343,254
- Investment income
- $34
- Net income from sales of inventory
- $2,190
- Other revenue
- $2,190
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $85,914
- Salaries, compensation and benefits (total)
- $92,486
- Professional fundraising fees
- $0
- Accounting fees
- $1,500
- Occupancy
- $86,461
- Depreciation
- $1,942
- Program services (functional)
- $422,319
Balance sheet and other
- Total assets, start of year
- $108,976
- Total assets, end of year
- $117,618
- Total liabilities, end of year
- $1,045
- Net assets, end of year
- $116,573
- Land, buildings and equipment
- $11,357
- Net assets without donor restrictions
- $109,477
- Net assets with donor restrictions
- $7,096
- Gross receipts
- $431,905
- Employees
- 3
- Volunteers
- 25
- Year formed
- 2000
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS ARENA | TREASURER Trustee or director, Officer | 10 | $0 |
| TIFFANY COLEY | BOARD MEMBER Trustee or director | 5 | $0 |
| CECILY FERGUSON | BOARD MEMBER Trustee or director | 5 | $0 |
| LEIGH HAYES | BOARD MEMBER Trustee or director | 10 | $0 |
| JIM JENSON | PRESIDENT Trustee or director, Officer | 10 | $0 |
| PAUL KARTCHESKE | BOARD MEMBER Trustee or director | 2 | $0 |
| CHRIS RICHARDS | SECRETARY Trustee or director, Officer | 10 | $0 |
| MICHAEL RIEGEL | BOARD MEMBER Trustee or director | 2 | $0 |
| HENRY SAPPENFIELD | BOARD MEMBER Trustee or director | 2 | $0 |
| BRYAN SCHERICH | BOARD MEMBER Trustee or director | 2 | $0 |
| TERRI STREET | BOARD MEMBER Trustee or director | 5 | $0 |
| MICHAEL WALLER | VICE PRESIDE Trustee or director, Officer | 10 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMILY GARVIN | EXECUTIVE DI Officer | 40 | $5,250 |
| CHRIS ARENA | TREASURER Trustee or director, Officer | 10 | $0 |
| TIFFANY COLEY | BOARD MEMBER Trustee or director | 2 | $0 |
| CECILY FERGUSON | BOARD MEMBER Trustee or director | 5 | $0 |
| ILENE HADLER | SECRETARY Trustee or director, Officer | 10 | $0 |
| LEIGH HAYES | BOARD MEMBER Trustee or director | 10 | $0 |
| MATT HUTTER | BOARD MEMBER Trustee or director | 2 | $0 |
| JIM JENSON | PRESIDENT Trustee or director, Officer | 10 | $0 |
| PAUL KARTCHESKE | BOARD MEMBER Trustee or director | 2 | $0 |
| CHRIS RICHARDS | BOARD MEMBER Trustee or director | 2 | $0 |
| HENRY SAPPENFIELD | BOARD MEMBER Trustee or director | 2 | $0 |
| BRYAN SCHERICH | BOARD MEMBER Trustee or director | 2 | $0 |
| TERRI STREET | BOARD MEMBER Trustee or director | 10 | $0 |
| MICHAEL WALLER | VICE PRESIDE Trustee or director, Officer | 10 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMILY GARVIN | EXECUTIVE DI Trustee or director | 40 | $63,000 |
| DIANE AMATO | BOARD MEMBER Trustee or director | 2 | $0 |
| CHRIS ARENA | TREASURER Trustee or director, Officer | 5 | $0 |
| TIFFANY COLEY | BOARD MEMBER Trustee or director | 2 | $0 |
| ILENE HADLER | SECRETARY Trustee or director, Officer | 5 | $0 |
| LEIGH HAYES | CO-CHAIR Trustee or director, Officer | 15 | $0 |
| MATT HUTTER | BOARD MEMBER Trustee or director | 2 | $0 |
| JIM JENSON | BOARD MEMBER Trustee or director | 2 | $0 |
| TERRI STREET | CO-CHAIR Trustee or director, Officer | 20 | $0 |
| MICHAEL WALLER | BOARD MEMBER Trustee or director | 2 | $0 |
| CLARE WILDENBORG | BOARD MEMBER Trustee or director | 2 | $0 |
| EMILY WISMER | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 918 PEARL ST, DURHAM, NC 27701-3500
- In care of
- % CAROLE SCOTTO
- Mailing address (990-N for 2012)
- 923 Franklin Street, Durham NC 27701
- Principal officer (990 for 2025)
- JIM JENSON
- Principal officer (990-N for 2012)
- Rick Aycock, 923 Franklin St, Durham NC 27701
- Signed the 990
- JIM JENSON, PRESIDENT
- Phone
- (919) 294-8006
- Website
- WWW.LIBERTYARTSNC.ORG
- Return prepared by
- CHRIS ARENA CPA PLLC
Mission
LIBERTY ARTS IS A SCULPTURE STUDIO AND FOUNDRY WHOSE PURPOSE IS TO ENRICH OUR COMMUNITIES WITH ARTS EXPERIENCES THAT INSPIRE, EMPOWER, EDUCATE AND ENTERTAIN. WE: - FACILITATE THE CREATION OF QUALITY, SALEABLE WORKS OF ART - ATTRACT INNOVATIVE AND ACCOMPLISHED SCULPTURES - EDUCATE ASPIRING ARTISTS AND INCUBATE THEIR CAREERS - INSPIRE ENTHUSIASM IN OUR COMMUNITY FOR THE SCUPLTURE ARTS, AND - PROVIDE EASY ACCESS TO SKILLS ASSOCIATED WITH THE INDUSTRIAL ARTS WE FULFILL OUR MISSION IN A WAY THAT PROVIDES AN ADVENTURE TO PARTICIPANTS AND VISITORS ALIKE.
Program accomplishments
- OUR PROGRAMS INCLUDE PUBLIC ART EXHIBITS AND SALES, PUBLIC METAL POURS, CLASSES FOR THE PUBLIC (WELDING, PLASMA CUTTING AND CERAMICS), CONTACT WITH LOCAL SCHOOLS AND A PLACE TO WORK FOR LOCAL ARTISTS THAT ARE INCLUDED IN THE LIBERTY ARTS COMMUNITY. WE OFFER A LARGE SELECTION OF ART CLASSES AND HOLD PUBLIC ART EXHIBITS AND METAL POURS THAT ARE OPEN TO THE COMMUNITY AT LARGE.Expenses $422,319 · revenue $343,254
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2234909
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A51)
- Assets (IRS master file)
- $117,618
- Income (IRS master file)
- $431,905
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $430,274 | $422,319 | $117,618 | XML |
| 990 | December 2024 | $281,926 | $272,767 | $108,976 | XML |
| 990 | December 2023 | $254,685 | $289,322 | $102,296 | XML |
| 990 | December 2022 | $270,931 | $229,961 | $135,615 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Rick Aycock | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2234909).
Questions about LIBERTY ARTS INC
- What is the EIN of LIBERTY ARTS INC?
- The employer identification number (EIN) of LIBERTY ARTS INC is 56-2234909.
- Is LIBERTY ARTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to LIBERTY ARTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIBERTY ARTS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LIBERTY ARTS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIBERTY ARTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LIBERTY ARTS INC?
- The 990 for the year ended December 31, 2025 names JIM JENSON.
- Who are the officers and directors of LIBERTY ARTS INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does LIBERTY ARTS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $430,274, expenses of $422,319 and total assets of $117,618 at year end.
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All nonprofits in DURHAM · North Carolina · Arts, culture and humanities