American Legacy Theatre

Analysis

American Legacy Theatre is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 2016, 10 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 June 2024, American Legacy Theatre reported income of $382k and spending of $339k, spending 89% of its income. Across the 3 years on record, from December 2022 to June 2024, income grew from $375k to $382k (+1.9%), an average of +0.9% a year. The sharpest change came in the year to June 2024, when income rose by 163%. 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, American Legacy Theatre sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Tupelo Press Inc ($382k), Museum-Greenwood S C ($382k) and Centerstage Theatre Company ($382k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $87k (26% of expenses). Other salaries and wages came to $78k. It paid $4,790 in professional fundraising fees. At year end it held assets of $394k against liabilities of $18k, net assets of $376k. It reported 5 employees.