Springfield Little Theatre Inc

Analysis

Springfield Little Theatre Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in December 1970, 56 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Springfield Little Theatre Inc reported income of $5.1m and spending of $2.9m, leaving 42% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.3m to $5.1m (+125%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 105%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Springfield Little Theatre Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within MO. Charities of a similar size with the same main cause include Connecticut Trust for Historic Preservation ($5.1m), Lancasterhistory Org ($5.1m) and Jewish Food Society Inc ($5.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $132k (4.5% of expenses). Other salaries and wages came to $703k. At year end it held assets of $9.6m against liabilities of $2.2m, net assets of $7.4m. It reported 114 employees.