Alton Little Theater Inc

Analysis

Alton Little Theater Inc is a registered charity in United States, based in Alton, IL. It received its IRS tax-exemption ruling in September 1950, 76 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, Alton Little Theater Inc reported income of $195k and spending of $446k, spending 229% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income fell from $258k to $195k (-24%), an average of -5.5% a year. The sharpest change came in the year to May 2020, when income rose by 277%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alton Little Theater Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Reese S Purpose Inc ($195k), Jazz in June Inc ($195k) and Oviedo High School Band Booster Association Inc ($195k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $51k (11% of expenses). At year end it held assets of $217k against liabilities of $76k, net assets of $140k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.