Elmira Little Theatre Inc

Analysis

Elmira Little Theatre Inc is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in January 1949, 77 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 June 2023, Elmira Little Theatre Inc reported income of $89k and spending of $87k, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $50k to $89k (+76%), an average of +76% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Elmira Little Theatre Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Korean American Leaders in Hollywood ($89k), The Ralph & Lilian Fendig Summer Theatre for Children Inc ($89k) and Art Tooth ($89k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 66% of the total. At year end it held assets of $190k against liabilities of $1,783, net assets of $189k.