Olympia Little Theatre

Analysis

Olympia Little Theatre is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in April 1941, 85 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 June 2023, Olympia Little Theatre reported income of $176k and spending of $153k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $145k to $176k (+21%), an average of +6.6% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Olympia Little Theatre sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Oak Cliff Film Festival Society ($176k), Expressiones Cultural Center Inc ($176k) and Ware Community Television Inc ($176k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $16k. At year end it held assets of $643k against liabilities of $647, net assets of $643k. It reported 2 employees.