Pensacola Little Theatre Inc

Analysis

Pensacola Little Theatre Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in December 1952, 74 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 2023, Pensacola Little Theatre Inc reported income of $2.0m and spending of $1.4m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $956k to $2.0m (+113%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 184%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pensacola Little Theatre Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Montauk Historical Society ($2.0m), Stuhr Museum of the Prairie Pioneer ($2.0m) and Printed Matter Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 32% of the total. Other salaries and wages came to $450k. At year end it held assets of $4.5m against liabilities of $259k, net assets of $4.3m. It reported 15 employees.