Lincoln Theatre Association

Analysis

Lincoln Theatre Association is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 2007, 19 years ago. 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, Lincoln Theatre Association reported income of $1.3m and spending of $1.5m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $805k to $1.3m (+67%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 110%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincoln Theatre Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Gowanda Ambulance Service Corp ($1.3m), Bangor Area Homeless Shelter ($1.3m) and Dogs for Our Brave Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Other salaries and wages came to $452k. At year end it held assets of $11.0m against liabilities of $182k, net assets of $10.8m. It reported 45 employees.