The Luminary INC EIN 27-2137348 Form 990 (PDF) Claim this org

The Luminary INC

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Showcases innovative art, music, and cultural projects. For fiscal year 2025 it reported $575K in revenue, $508K in expenses, and $754K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Saint Louis, MO
Website
theluminaryarts.com
Filings
6 on file (2020–2025)
Revenue
$575KFY2025
Expenses
$508K
Net assets
$754K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-2137348 Public charity (501(c)(3)) Saint Louis, MO
Form 990 (PDF)
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Size
$100K–1M
What they do
Showcases innovative art, music, and cultural projects.
Leadership
Kalaija Mallery · Executive Dir. · $80K
Money in and out
$575K revenue, $508K expenses
Bottom line
77% program efficiency
Where the money goes · FY2025
Total revenue
$575K
Pt VIII · Ln 12
Total expenses
$508K
Pt IX · Ln 25
Net assets
$754K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $67K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.22 Fundraising $0.01
Program efficiency
77%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
5.5mo
months of highly liquid reserves at operating expense rate▲ +41% vs prior filing year
Surplus margin
+12%
revenue over expenses, this year▲ +492% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$575K
FY2025▲ +22%
Expenses
$508K
FY2025▲ +10%
Total assets
$1.1M
FY2025▲ +4%
Total liabilities
$306K
FY2025▲ +5%
Total revenue
$575K
Pt VIII · Ln 12
Total expenses
$508K
Pt IX · Ln 25
Net assets
$754K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$67K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Luminary INC
EINHdr · item D27-2137348
Principal addressHdr · item CSaint Louis, MO
WebsiteHdr · item Jtheluminaryarts.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A40)
Ruling yearIRS BMFJun 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$80,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kalaija Mallery’s $80K as Executive Dir. is at the 75th percentile of top reported officer pay among 2212 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2021FY2020
Kalaija Mallery$80,000$79,685
James McAnally$62,500$57,969

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $360K of program spending, described in the organization's own filed words · FY2025.
01

Exhibitions

We organize three major exhibitions each year that are always free and open to the public. These shows bring together artists whose work explores important issues like equity, justice, and representation in culture.

$157Kprogram expense
02

Regranting

Through the Andy Warhol Foundations Regional Regranting program, The Luminary provides $60,000 each year directly to artists in St. Louis. Individual projects can receive up to $8,000, with 610 artists supported annually.

$124Kprogram expense
03

Residency

Our residency program gives visiting artists, writers, and curators time and space to focus deeply on their work. Residents receive full support to research new ideas, create projects, and connect with St. Louiss cultural community.

$79Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$523K · 91%
Program service revenue$39K · 7%
Other revenue$12K · 2%
Contributions & grants91%$523K
Program service revenue7%$39K
Other revenue2%$12K
Investment income$1K
Total revenueLn 12$575K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.22 Fundraising $0.01
Program services77%$393K
Management & general22%$111K
Fundraising1%$3K
Total functional expensesLn 25$508K

Balance Sheet

Part X · end of year
CashLn 1$233K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$306K
Total net assetsLn 32$754K
Months of cash on handcomputed5.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $233K · Operating expenses/yr $508K
5.5 months
Where the money goes
Program services
Program services $393K · Total expenses $508K
77%
Management & General
Management & general $111K · Total expenses $508K
22%
Fundraising
Fundraising $3K · Total expenses $508K
0.7%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $477K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $523K · Total revenue $575K
91%
Government reliance
Government grants — · Total revenue $575K
Earned-income share
Program service revenue $39K · Total revenue $575K
7%
Investment reliance
Investment income $1K · Total revenue $575K
+0.2%
Program self-sufficiency
Program service revenue $39K · Total expenses $508K
8%
Growth & trend
Revenue growth (YoY)
This year $575K · Prior year $472K
+22%
Revenue CAGR
FY2020 $567K · FY2025 $575K
+0.3%
Net-asset trend (YoY)
End of year $754K · Beginning of year $729K
+3%
Balance sheet
Surplus Margin
Revenue $575K · Expenses $508K
+12%
Liabilities-to-Assets
Total liabilities $306K · Total assets $1.1M
29%
Net-asset ratio
Net assets $754K · Total assets $1.1M
71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Kalaija Mallery · Reported title Executive Dir. · Highest reported compensation $80K · Total expenses $508K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $222K · Total expenses $508K
44%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 22%
Fundraising cost ratio 0.6%
Revenue growth 22%
Investment management fee ratio 0%
Legal fee ratio 3%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$306K
See all 3 funders →
Grants paid · 2 grants · $58K · 2024–2025
Unitemized GrantFY2025$11,000
Unitemized GrantFY2024$46,950

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$575K revenue · viewing · ⤓ 990 PDF
FY2024$472K revenue · ⤓ 990 PDF
FY2023$532K revenue · ⤓ 990 PDF
FY2022$428K revenue · ⤓ 990 PDF
FY2021$347K revenue · ⤓ 990 PDF
FY2020$567K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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