Lincoln Community Playhouse Inc

Analysis

Lincoln Community Playhouse Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in October 1951, 75 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 June 2024, Lincoln Community Playhouse Inc reported income of $713k and spending of $783k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $734k to $713k (-3.0%), an average of -0.6% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lincoln Community Playhouse Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NE. Charities of a similar size with the same main cause include San Luis Obispo Museum of Art ($712k), Thomas County Historical Society ($713k) and Bearded Ladies Cabaret ($712k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $79k (10% of expenses). Other salaries and wages came to $158k. At year end it held assets of $888k against liabilities of $510k, net assets of $379k. It reported 6 employees.