Little Theatre of Winston-salem Inc is a 501(c)(3) organization based in Winston Salem, North Carolina, registered in 1951, with $595,454 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$595K
▼ 8.2% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$530K
Net assets
$1.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Little Theatre of Winston-salem Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Little Theatre of Winston-salem Inc: 32 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Little Theatre of Winston-salem Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Little Theatre of Winston-salem Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $411K (FY2020) to $595K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
11.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$161K
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $595,454▼8.2% | $529,609▲3.2% | $1,405,589▲13.6% | $1,566,886▲12.8% | 990 |
| 2023 | $648,334▲19.3% | $513,084▲11.4% | $1,236,907▲23.8% | $1,389,402▲20.9% | 990 |
| 2022 | $543,504▼14.0% | $460,582▲22.9% | $998,923▲15.5% | $1,149,445▲6.1% | 990 |
| 2021 | $631,834▲53.8% | $374,794▲136% | $864,893▲29.3% | $1,082,985▲10.9% | 990 |
| 2020 | $410,803 | $159,061 | $668,847 | $976,219 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Little Theatre of Winston-salem Inc totaling $32K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Winston-salem Foundation | 13 grant(s) for varying purposes | 2023 | $5,851 |
| Winston-salem Foundation | 13 grant(s) for varying purposes | 2022 | $5,265 |
| Winston-salem Foundation | 8 grant(s) for varying purposes | 2019 | $6,196 |
| Network For Good Inc | Unrestricted | 2016 | $14,364 |
Explore more
Data for Little Theatre of Winston-salem Inc (EIN 56-0526835) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.