Port Arthur Little Theatre

Analysis

Port Arthur Little Theatre is a registered charity in United States, based in Port Arthur, TX. It received its IRS tax-exemption ruling in March 1952, 74 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 May 2024, Port Arthur Little Theatre reported income of $84k and spending of $97k, spending 115% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income grew from $83k to $84k (+1.7%), an average of +1.7% a year. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Port Arthur Little Theatre 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 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Integrity Research Institute ($84k), Curtain Call Inc ($84k) and Seven Stars Arts Center Inc ($84k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 16% and program service revenue 60% of the total. At year end it held assets of $366k against liabilities of $6,460, net assets of $359k.