Little Theatre of Conroe Inc

Analysis

Little Theatre of Conroe Inc is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in April 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 of Conroe Inc reported income of $357k and spending of $318k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $283k to $357k (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2022, when income rose by 108%. Over the whole period it spent 88% 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 of Conroe Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Lacna Foundation ($357k), Hole in the Rock Foundation Inc ($357k) and Museum of Public Relations ($357k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. At year end it held assets of $400k against liabilities of $53k, net assets of $346k.