Lamplighters Music Theatre

Analysis

Lamplighters Music Theatre is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1964, 62 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 May 2023, Lamplighters Music Theatre reported income of $855k and spending of $1.0m, spending 121% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $934k to $855k (-8.5%), an average of -2.2% a year. The sharpest change came in the year to May 2021, when income rose by 55%. 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, Lamplighters Music Theatre 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 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Harwelden Society of Tulsa ($855k), Great Waters Music Festival Inc ($855k) and Actors Shakespeare Project Inc ($855k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 83% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $87k (8.4% of expenses). Other salaries and wages came to $261k. At year end it held assets of $1.4m against liabilities of $298k, net assets of $1.1m. It reported 140 employees.