League of Historic American Theatres

Analysis

League of Historic American Theatres is a registered charity in United States, based in Lutherville, MD. It received its IRS tax-exemption ruling in March 1977, 49 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 December 2023, League of Historic American Theatres reported income of $681k and spending of $631k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $642k to $681k (+6.0%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. 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, League of Historic American Theatres sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Daytona Playhouse ($680k), Appalachian Educational Communication Corp ($681k) and Cumberland Valley School of Music ($680k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $145k (23% of expenses). Other salaries and wages came to $158k. At year end it held assets of $540k against liabilities of $137k, net assets of $403k. It reported 4 employees.