Lebanon Theatre Company Inc

Analysis

Lebanon Theatre Company Inc is a registered charity in United States, based in Lebanon, OH. It received its IRS tax-exemption ruling in June 2019, 7 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, Lebanon Theatre Company Inc reported income of $99k and spending of $72k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $99k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lebanon Theatre Company Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include Hamilton County Theatre Guild Inc ($99k), Movement Project Inc ($99k) and Summit Project ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $387k against liabilities of $219k, net assets of $168k.