Thibodaux Playhouse Inc

Analysis

Thibodaux Playhouse Inc is a registered charity in United States, based in Thibodaux, LA. It received its IRS tax-exemption ruling in November 1990, 36 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 August 2023, Thibodaux Playhouse Inc reported income of $171k and spending of $182k, spending 106% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $195k to $171k (-12%), an average of -12% a year. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thibodaux Playhouse Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within LA. Charities of a similar size with the same main cause include Stars of Tomorrow Project Inc ($171k), Dallas Art Fair Foundation ($171k) and Dallas Jewish Historical Society Inc ($171k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. At year end it held assets of $164k against liabilities of $63k, net assets of $101k.