Lutcher Theater Inc

Analysis

Lutcher Theater Inc is a registered charity in United States, based in Orange, TX. It received its IRS tax-exemption ruling in May 1986, 40 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 December 2023, Lutcher Theater Inc reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.5m to $1.2m (-21%), an average of -4.7% a year. The sharpest change came in the year to December 2022, when income rose by 184%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lutcher Theater Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include The Troy Andrews Foundation ($1.2m), Brooklyn Ballet Inc ($1.2m) and Amarillo Little Theatre Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 76% of the total. At year end it held assets of $1.8m against liabilities of $593k, net assets of $1.2m.