League of Live Stream Theater Inc

Analysis

League of Live Stream Theater Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2023, 3 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 December 2023, League of Live Stream Theater Inc reported income of $1.6m and spending of $1.6m, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $750k to $1.6m (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, League of Live Stream Theater Inc 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 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include The Delaware Childrens Museum Inc ($1.6m), Louis J Koch Family Childrens Museum of Evansville Inc ($1.6m) and Playhouse Theatre Group Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $19k. At year end it held assets of $903k against liabilities of $174k, net assets of $729k. It reported 2 employees.