Radio on the Lake Theatre

Analysis

Radio on the Lake Theatre is a registered charity in United States, based in Shaker HTS, OH. It received its IRS tax-exemption ruling in June 2021, 5 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 March 2024, Radio on the Lake Theatre reported income of $58k and spending of $58k, spending 100% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $50k to $58k (+17%), an average of +17% a year. The sharpest change came in the year to March 2024, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Radio on the Lake Theatre sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include Whim N Rhythm Inc ($58k), Penasco Valley Historical Preservation Society ($58k) and Surti Samaj of Baton Rouge ($58k).

On its Form 990-EZ for the period ending March 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.