Prince William Little Theatre Inc

Analysis

Prince William Little Theatre Inc is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in September 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 June 2024, Prince William Little Theatre Inc reported income of $55k and spending of $51k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $85k to $55k (-36%), an average of -36% a year. The sharpest change came in the year to June 2024, when income dropped by 36%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Prince William Little Theatre Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include Historical Society of Mount Lebanon ($55k), Edinburg Arts Foundation ($55k) and Travelers Rest Artists Alliance ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 61% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.