Little Theatre of Shreveport
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Little Theatre of Shreveport does not meet the following 1 Standards for Charity Accountability:
Standard 17 (Web Site Disclosures)
Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.
Little Theatre of Shreveport does not meet this standard because:
At the time of initial assessment, Little Theatre's website did not provide access to financial disclosure information on its Donate page.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 19
Little Theatre of Shreveport meets the remaining 2 Standards for Charity Accountability.
Stated Purpose:
To enrich lives through the performing arts, including educational programming, focusing on volunteer service guided by professional artists.
Year, State Incorporated:
1925, LA
Live theatrical productions to the general public.
For the year ended June 30, 2023, Little Theatre of Shreveport's program expenses were:
| All Combined Expenses (No delineation between program, admin or fundraising) | $436,633 |
| Total Program Expenses | $436,633 |
Chair's Profession / Business Affiliation
Not disclosed
Board Size
Not disclosed
Paid Staff Size
5
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Little Theatre of Shreveport's unaudited financial statements for the year ended June 30, 2023.
Source of Funds
| Ticket Sales, Membership and Other - General Fund | $230,236 |
| Donations - Individual and Corporate | $69,326 |
| Gants (Non-Public) | $44,527 |
| Academy Revenue | $38,795 |
| Gants (Public) | $34,585 |
| Ticket Sales, Membership and Other (Other Fund) | $18,953 |
| Total Income | $436,422 |
Programs: 100% Fundraising: 0% Administrative: 0%
| Total Income | $436,422 |
| Total expenses: | $436,633 |
| Program expenses | $436,633 |
| Fundraising expenses | $0 |
| Administrative expenses | $0 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-211 |
| Beginning Net Assets | $2,855,006 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $2,854,795 |
| Total Liabilities | $6,714 |
| Total Assets | $2,861,509 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Serving Northeast and Central Louisiana and the Ark-La-Tex