Le Petit Theatre Du Vieux Carre
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROVIDE A WIDE RANGE OF QUALITY THEATRICAL PRODUCTIONS AND PROGRAMMING TO ENTERTAIN, ENRICH AND EDUCATE THE DIVERSE POPULATION OF THE REGION AND ENHANCE THE ECONOMIC VITALITY OF THE GREATER NEW ORLEANS COMMUNITY.
- Income
- $2.0 million
- Spending
- $1.7 million
- Spent on programs
- 71%
- Reserves
- 12.4 months of spending
- Largest source of income
- donations and private grants, 42%
- Employees
- 32
- Volunteers
- 57
- Highest pay
- $145,646, executive director/board m
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover 12.4 months of spending.
Debt
20 of 20It owes 9% of what it owns.
Living within its means
15 of 15Income exceeded spending by 14% of income.
Income trend
15 of 15Income rose 33% on the year before.
Spending floor
15 of 1571% of spending went to programs and raising each dollar of donations cost 10 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 93 out of 100.
Independent board
25 of 2522 of 23 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $1.2 million spent. PROVIDE COMMUNITY THEATRE TO A BROAD COMMUNITY AUDIENCE.
- $70,019 spent. TO RE-AFFIRM OUR COMMITMENT TO EDUCATION, WE WILL COMMIT TO HAVING YOUNG PEOPLE ONSTAGE, BACKSTAGE AND FULLY INTEGRATED INTO THE ARTISTIC PROCESS. WE WILL GROW OUR STUDENT MATINEE PROGRAM TO BRING IN MORE STUDENTS WITHOUT ACCESS TO THEATRE.
- LE PETIT THEATRE PROVIDES THEATRICAL SPACE TO EXTERNAL ORGANIZATIONS FOR RENT AT A DISCOUNTED RATE FOR LIVE PERFORMANCE EVENTS. THIS PROGRAM ALLOWS OTHER COMMUNITY ORGANIZATIONS ACCESS TO SPACE TO PRESENT THIER OWN PERFORMANCE ART WORK AND CONTRIBUTE TO THE ENHANCEMENT OF THE ECONOMIC DEVELOPMENT OF THE GREATER NEW ORLEANS COMMUNITY.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1957.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.