Lewisville Playhouse Inc

Analysis

Lewisville Playhouse Inc is a registered charity in United States, based in Lewisville, TX. It received its IRS tax-exemption ruling in April 1988, 38 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 August 2024, Lewisville Playhouse Inc reported income of $147k and spending of $111k, leaving 24% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income fell from $160k to $147k (-8.2%), an average of -8.2% a year. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lewisville Playhouse Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Cashmere Community Coffee House ($147k), Greater Austin Malayalee Association ($147k) and Bridlemile Foundation ($147k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 25% and program service revenue 64% of the total. At year end it held assets of $338k against liabilities of $0, net assets of $338k.