Little Theatre Off Broadway

Analysis

Little Theatre Off Broadway is a registered charity in United States, based in Grove City, OH. It received its IRS tax-exemption ruling in January 1975, 51 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, Little Theatre Off Broadway reported income of $121k and spending of $118k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $359k to $121k (-66%), an average of -66% a year. The sharpest change came in the year to June 2023, when income dropped by 66%. Over the whole period it spent 104% 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 Off Broadway sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Crawford County Heritage Foundation ($121k), Allen Arts Alliance ($121k) and Epidavros Project Inc ($121k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 56% of the total. At year end it held assets of $322k against liabilities of $8,777, net assets of $313k.