Little Theatre of Wilkes-Barre

Analysis

Little Theatre of Wilkes-Barre is a registered charity in United States, based in Wilkes Barre, PA. It received its IRS tax-exemption ruling in July 1949, 77 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 December 2023, Little Theatre of Wilkes-Barre reported income of $155k and spending of $197k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $261k to $155k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 90% 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 Wilkes-Barre sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include International Western Music Association Inc ($155k), Zenon Dance Company and School Inc ($155k) and Caseta-Center for the Advancement and Study of Early Texas Art ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 70% of the total. At year end it held assets of $504k against liabilities of $73k, net assets of $431k.