Little Lake Theatre Company

Analysis

Little Lake Theatre Company is a registered charity in United States, based in Canonsburg, PA. It received its IRS tax-exemption ruling in July 1985, 41 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 Lake Theatre Company reported income of $551k and spending of $459k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $538k to $551k (+2.4%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 179%. 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 Lake Theatre Company sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Eugene Springfield Youth Orchestras ($551k), One Fest ($551k) and Chicago Art Department ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. Other salaries and wages came to $171k. At year end it held assets of $756k against liabilities of $114k, net assets of $642k. It reported 8 employees.