Community Little Theatre Corp

Analysis

Community Little Theatre Corp is a registered charity in United States, based in Auburn, ME. It received its IRS tax-exemption ruling in March 1977, 49 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Community Little Theatre Corp reported income of $267k and spending of $253k, spending 95% of its income. Across the 4 years on record, from September 2020 to September 2023, income fell from $270k to $267k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to September 2022, when income rose by 64%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Little Theatre Corp sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 54th percentile within ME. Charities of a similar size with the same main cause include Historic Mesquite Inc ($267k), Diana Initiative Inc ($267k) and Piven Theatre Workshop ($267k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $265k against liabilities of $15k, net assets of $250k.