Little Theater on the Bay Inc

Analysis

Little Theater on the Bay Inc is a registered charity in United States, based in North Bend, OR. It received its IRS tax-exemption ruling in February 1951, 75 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 2023, Little Theater on the Bay Inc reported income of $569k and spending of $234k, leaving 59% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $550k to $569k (+3.3%), an average of +1.1% a year. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Little Theater on the Bay Inc 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 72nd percentile within OR. Charities of a similar size with the same main cause include World of Westchase Inc ($568k), Ariel Theatrical Inc ($569k) and Richmond Symphony Orchestra Association ($568k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.