Tacoma Little Theatre & Drama League

Analysis

Tacoma Little Theatre & Drama League is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in April 1938, 88 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, Tacoma Little Theatre & Drama League reported income of $920k and spending of $928k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $764k to $920k (+20%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 126%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tacoma Little Theatre & Drama League sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Theatre of the Oppressed NYC ($920k), Arlington Center for the Arts Inc ($920k) and Kids From Wisconsin Ltd ($919k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $70k (7.5% of expenses). Other salaries and wages came to $298k. At year end it held assets of $1.4m against liabilities of $475k, net assets of $899k. It reported 19 employees.