Little Theatre of Shreveport

Analysis

Little Theatre of Shreveport is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in September 1960, 66 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 Shreveport reported income of $423k and spending of $506k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $477k to $423k (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2022, when income rose by 155%. Over the whole period it spent 101% 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 Shreveport sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within LA. Charities of a similar size with the same main cause include Denver Turnverein Inc ($422k), Forest Products Society ($423k) and Kodiak Historical Society ($422k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 55% of the total. Other salaries and wages came to $97k. At year end it held assets of $2.9m against liabilities of $160k, net assets of $2.8m. It reported 5 employees.