Lebanon Community Theatre Inc

Analysis

Lebanon Community Theatre Inc is a registered charity in United States, based in Lebanon, PA. It received its IRS tax-exemption ruling in June 1973, 53 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 December 2023, Lebanon Community Theatre Inc reported income of $101k and spending of $142k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $137k to $101k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lebanon Community Theatre Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Strawdog Theatre Company ($101k), Santa Cruz Swimming ($101k) and Easements Atlanta Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.