Brunswick Little Theater

Analysis

Brunswick Little Theater is a registered charity in United States, based in Southport, NC. It received its IRS tax-exemption ruling in October 2008, 18 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, Brunswick Little Theater reported income of $188k and spending of $90k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $188k (+2.1%), an average of +2.1% a year. Over the whole period it spent 45% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brunswick Little Theater sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Center for the Study of Partisanship and Ideology ($188k), Modern and Comtemporary Art Support Corp ($188k) and Chamber Choir of San Antonio ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. At year end it held assets of $499k against liabilities of $144k, net assets of $355k.