Littleton Town Hall Arts Center

Analysis

Littleton Town Hall Arts Center is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in July 1976, 50 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 2023, Littleton Town Hall Arts Center reported income of $1.7m and spending of $1.9m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.7m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 158%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Littleton Town Hall Arts Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Scientific Analysis Corp ($1.7m), Deep Center Incorporated ($1.7m) and Reading Musical Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $74k (3.9% of expenses). Other salaries and wages came to $525k. At year end it held assets of $1.9m against liabilities of $297k, net assets of $1.6m. It reported 23 employees.