Miami Little Theater

Analysis

Miami Little Theater is a registered charity in United States, based in Miami, OK. It received its IRS tax-exemption ruling in October 1984, 42 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, Miami Little Theater reported income of $99k and spending of $89k, spending 90% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $52k to $99k (+90%), an average of +90% a year. The sharpest change came in the year to May 2024, when income rose by 90%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Miami Little Theater sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within OK. Charities of a similar size with the same main cause include Angelina Chamber of Commerce Foundation ($99k), Susan Howards Novato Boxing Club ($99k) and Hawaii United Okinawa Association ($99k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $160k against liabilities of $45k, net assets of $115k.