Little Art Theatre Association

Analysis

Little Art Theatre Association is a registered charity in United States, based in Yellow SPGS, OH. It received its IRS tax-exemption ruling in September 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Little Art Theatre Association reported income of $268k and spending of $302k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $336k to $268k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 106% 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 Art Theatre Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Royal School of Church Music ($268k), Anacortes Community Theater Incorporated ($268k) and Mill City Farmers Market Charitable Fund ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $30k (9.8% of expenses). Other salaries and wages came to $66k. At year end it held assets of $532k against liabilities of $8,760, net assets of $523k. It reported 13 employees.