Theatre of the Performing Arts of Shreveport

Analysis

Theatre of the Performing Arts of Shreveport is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in May 1977, 49 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 2024, Theatre of the Performing Arts of Shreveport reported income of $137k and spending of $164k, spending 120% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $119k to $137k (+15%), an average of +15% a year. Over the whole period it spent 130% 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 of the Performing Arts of Shreveport sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within LA. Charities of a similar size with the same main cause include Heartland Productions Inc ($137k), Listen Up Youth Radio ($137k) and Civic Symphony of Green Bay Inc ($137k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 56% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.