Theatre Longview

Analysis

Theatre Longview is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in February 2013, 13 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 May 2024, Theatre Longview reported income of $135k and spending of $135k, spending 100% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $88k to $135k (+53%), an average of +52% a year. The sharpest change came in the year to May 2024, when income rose by 53%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre Longview sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Lutyens Trust America Inc ($135k), International Friend of the Intl Lyric Art Festival in Aix-En ($135k) and Museum of the Kansas National Guard Inc ($135k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $45k against liabilities of $306, net assets of $45k.