Little Theatre of Jamestown Inc

Analysis

Little Theatre of Jamestown Inc is a registered charity in United States, based in Jamestown, NY. It received its IRS tax-exemption ruling in March 1938, 88 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 December 2022, Little Theatre of Jamestown Inc reported income of $115k and spending of $67k, leaving 41% of income unspent that year. Across the 5 years on record, from May 2019 to December 2022, income fell from $457k to $115k (-75%), an average of -29% a year. The sharpest change came in the year to December 2022, when income rose by 207%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Little Theatre of Jamestown Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include American First Day Cover Society Inc ($115k), Males Place Inc ($115k) and Public Interest Patent Law Institute ($115k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $555k against liabilities of $276, net assets of $555k.