Loudonville Theatre and Arts Committee

Analysis

Loudonville Theatre and Arts Committee is a registered charity in United States, based in Loudonville, OH. It received its IRS tax-exemption ruling in July 2008, 18 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, Loudonville Theatre and Arts Committee reported income of $107k and spending of $85k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $107k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Loudonville Theatre and Arts Committee sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include San Diego Jazz Ventures Inc ($107k), International Performing Arts of America ($107k) and Caribbean Studies Association Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.