Lepetit Theatre de Terrebonne

Analysis

Lepetit Theatre de Terrebonne is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in May 1960, 66 years ago. 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 May 2024, Lepetit Theatre de Terrebonne reported income of $211k and spending of $189k, spending 90% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $73k to $211k (+190%), an average of +30% a year. The sharpest change came in the year to May 2022, when income rose by 358%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lepetit Theatre de Terrebonne sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within LA. Charities of a similar size with the same main cause include Wildlife Rescue Incorporated of Newmexico ($211k), Somerset County Park Foundation ($211k) and Road Runners Club of America ($210k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 45% and program service revenue 53% of the total. At year end it held assets of $678k against liabilities of $0, net assets of $678k.