Princess Theatre Inc

Analysis

Princess Theatre Inc is a registered charity in United States, based in Winnsboro, LA. It received its IRS tax-exemption ruling in September 1997, 29 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, Princess Theatre Inc reported income of $172k and spending of $175k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $151k to $172k (+14%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Princess Theatre Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within LA. Charities of a similar size with the same main cause include Nvak Inc ($172k), Tryon Little Theatre Inc ($172k) and Friends of Metro Dance ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 48% of the total. At year end it held assets of $147k against liabilities of $13k, net assets of $134k.