Lamplite Players

Analysis

Lamplite Players is a registered charity in United States, based in Nacogdoches, TX. It received its IRS tax-exemption ruling in December 2023, 3 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lamplite Players reported income of $109k and spending of $176k, spending 162% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $39k to $109k (+176%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 484%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lamplite Players sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Bengali Association of North Carolina ($109k), Lake County Symphony Association Inc ($109k) and Jazz Becuzz Arts Group Inc ($109k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 58% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.