Little Theatre of Biloxi

Analysis

Little Theatre of Biloxi is a registered charity in United States, based in Biloxi, MS. It received its IRS tax-exemption ruling in July 1967, 59 years ago. 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 May 2024, Little Theatre of Biloxi reported income of $173k and spending of $169k, spending 97% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $165k to $173k (+5.1%), an average of +5.1% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Little Theatre of Biloxi sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within MS. Charities of a similar size with the same main cause include Valley Isle Timing Association ($173k), North Hollywood Group ($173k) and PTA California Congress of Parents Teachers & Students Inc ($173k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.