Lookingglass Playhouse of Lebanon

Analysis

Lookingglass Playhouse of Lebanon is a registered charity in United States, based in Lebanon, IL. It received its IRS tax-exemption ruling in September 1979, 47 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, Lookingglass Playhouse of Lebanon reported income of $151k and spending of $120k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $151k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lookingglass Playhouse of Lebanon sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Ground Floor Artists ($151k), Lovell Historical Society ($151k) and War Eagles Air Museum Endowment Fund ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 76% of the total. At year end it held assets of $365k against liabilities of $0, net assets of $365k.