Little Theatre of Monroe Inc

Analysis

Little Theatre of Monroe Inc is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in October 1974, 52 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, Little Theatre of Monroe Inc reported income of $298k and spending of $290k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $250k to $298k (+19%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Little Theatre of Monroe Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within LA. Charities of a similar size with the same main cause include Forgotten Coast Cultural Coalition Inc ($298k), Pearland Band Booster Club Inc ($298k) and Chenango County Blues Society ($298k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 53% of the total. Other salaries and wages came to $27k. At year end it held assets of $662k against liabilities of $47k, net assets of $616k. It reported 1 employees.