Lvac Theatre Guild Inc

Analysis

Lvac Theatre Guild Inc is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in May 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, Lvac Theatre Guild Inc reported income of $118k and spending of $105k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $148k to $118k (-20%), an average of -20% a year. The sharpest change came in the year to June 2024, when income dropped by 20%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lvac Theatre Guild Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within GA. Charities of a similar size with the same main cause include Life Jacket Theatre Company Inc ($118k), Bellissimo Theatre Company Inc ($118k) and Indigo Hippo Inc ($118k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 72% of the total. At year end it held assets of $382k against liabilities of $0, net assets of $382k.