FLORENCE LITTLE THEATRE
Mission Statement
To provide excellence in live theatre entertainment To reach out to the entire community, thereby, ensuring a diverse volunteer participation To educate people of all ages in the skills of live theatre and encourage them to reach their fullpotential as they participate in productions To introduce the youth in our local schools to the art of live theatre through our Children’s Theatre program To provide the best professional and volunteer leadership at all levels of the theatre’s operation To maintain good stewardship of finances so that contributors and supporters can be assured of the financial integrity of the Theatre
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.8% | 81.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.2% | 13.7% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.0% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
87.9 mo | 9.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.0% | 1.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
47.5% | 77.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
17.5% | 6.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.8% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-45.2% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $653K | $949K | $7.0M | 85.8% | 7 |
| 2024 | $556K | $905K | $7.2M | 85.8% | 6 |
| 2023 | $482K | $813K | $7.5M | 85.7% | 8 |
| 2022 | $232K | $725K | $7.7M | 85.7% | 5 |
| 2021 | $313K | $636K | N/A | — | 5 |
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