Theatre League of South Florida Inc

Analysis

Theatre League of South Florida Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in August 1994, 32 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 September 2023, Theatre League of South Florida Inc reported income of $201k and spending of $133k, leaving 34% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $161k to $201k (+24%), an average of +5.6% a year. The sharpest change came in the year to September 2020, when income rose by 26%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre League of South Florida Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Sturdivant Museum Association of Selma Inc ($201k), Americas Survival Inc ($201k) and Project Pit ($200k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $51k. At year end it held assets of $366k against liabilities of $0, net assets of $366k.