Live Theatre Workshop

Analysis

Live Theatre Workshop is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in November 1995, 31 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, Live Theatre Workshop reported income of $584k and spending of $691k, spending 118% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.4m to $584k (-57%), an average of -19% a year. The sharpest change came in the year to June 2021, when income dropped by 61%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Live Theatre Workshop sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within AZ. Charities of a similar size with the same main cause include Boulder County Arts Alliance Inc ($584k), Jacksonville Area Center for Independent Living ($584k) and Community Images Inc ($584k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $141k (20% of expenses). Other salaries and wages came to $67k. At year end it held assets of $1.6m against liabilities of $770k, net assets of $845k. It reported 16 employees.

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.