Lean Ensemble Theater

Analysis

Lean Ensemble Theater is a registered charity in United States, based in Hilton Head, SC. It received its IRS tax-exemption ruling in November 2015, 11 years ago. 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, Lean Ensemble Theater reported income of $494k and spending of $507k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $314k to $494k (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 200%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lean Ensemble Theater sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within SC. Charities of a similar size with the same main cause include Victory Crest Inc ($494k), Leaders2give Inc ($494k) and Habitat for Humanity International Inc ($494k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $64k (13% of expenses). Other salaries and wages came to $138k. At year end it held assets of $282k against liabilities of $35k, net assets of $246k. It reported 5 employees.