Landmark Community Theatre

Analysis

Landmark Community Theatre is a registered charity in United States, based in Thomaston, CT. It received its IRS tax-exemption ruling in January 2010, 16 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, Landmark Community Theatre reported income of $591k and spending of $564k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $591k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Landmark Community Theatre sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CT. Charities of a similar size with the same main cause include Evanston Roundtable Media ($591k), Lni ($591k) and Black Theatre Coalition Incorporated ($591k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $72k (13% of expenses). Other salaries and wages came to $124k. At year end it held assets of $465k against liabilities of $120k, net assets of $346k. It reported 13 employees.