Art Theatre of Long Beach

Analysis

Art Theatre of Long Beach is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 2014, 12 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, Art Theatre of Long Beach reported income of $488k and spending of $548k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $591k to $488k (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 141%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Theatre of Long Beach sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Northeast Texas Childrens Museum ($488k), Norwalk Symphony Society ($488k) and Stumptown Stages ($488k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 91% of the total. At year end it held assets of $150k against liabilities of $37k, net assets of $114k.