Rome Little Theatre Inc

Analysis

Rome Little Theatre Inc is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in January 1974, 52 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 2024, Rome Little Theatre Inc reported income of $482k and spending of $416k, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $245k to $482k (+97%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 666%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rome Little Theatre Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Vista Ridge Band Boosters ($482k), Compass Resonance ($482k) and Greater Des Moines Public Art Foundation ($482k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $61k (15% of expenses). At year end it held assets of $665k against liabilities of $110k, net assets of $555k. It reported 1 employees.