Leavenworth Summer Theater

Analysis

Leavenworth Summer Theater is a registered charity in United States, based in Leavenworth, WA. It received its IRS tax-exemption ruling in September 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 December 2023, Leavenworth Summer Theater reported income of $874k and spending of $683k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $713k to $874k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 578%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Leavenworth Summer Theater sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include The Warehouse Theatre ($873k), Community Television of Knoxville ($874k) and Daniel Singer Millenium Prize Foundation Inc ($873k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $66k (9.7% of expenses). Other salaries and wages came to $94k. At year end it held assets of $1.9m against liabilities of $2,872, net assets of $1.9m. It reported 9 employees.