Albuquerque Little Theatre Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 77 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO CULTIVATE APPRECIATION OF THE THEATRE ARTS THROUGH ACTIVE PARTICIPATION IN FULLY-STAGED PRODUCTIONS, AND TO NURTURE ASPIRING TALENT THROUGH INNOVATIVE EDUCATIONAL PROGRAMS.
- Income
- $932,833
- Spending
- $1.2 million
- Spent on programs
- 79%
- Reserves
- -4.1 months of spending
- Largest source of income
- fees for its services, 97%
- Employees
- 18
- Volunteers
- 150
- Highest pay
- $83,577, ex. director
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
Weak: 25 out of 100. Higher than 3% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 40% of what it owns.
Living within its means
0 of 15Spending exceeded income by 34% of income.
Income trend
15 of 15Income rose 57% on the year before.
Spending floor
0 of 1579% of spending went to programs and raising each dollar of donations cost 77 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
Good: 76 out of 100. Higher than 57% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no 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
6 of 15Its accounts were not audited or reviewed 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 (1)
- $979,323 spent. ALBUQUERQUE LITTLE THEATRE (ALT), FOUNDED IN 1930, IS ONE OF THE OLDEST CONTINUOUSLY OPERATING COMMUNITY THEATRES IN THE SOUTHWEST. ALT PRODUCES A SEASON OF FULL-SCALE BROADWAY MUSICALS, COMEDIES, DRAMAS, AND SPECIAL EVENTS THAT SERVE THOUSANDS OF AUDIENCE MEMBERS EACH YEAR. PRODUCTIONS TYPICALLY RUN FOR THREE TO FOUR WEEKS AND PROVIDE OPPORTUNITIES FOR BOTH EMERGING AND EXPERIENCED PERFORMERS, DESIGNERS, TECHNICIANS, AND VOLUNTEERS TO PARTICIPATE IN LIVE THEATRICAL ARTS. A SMALL PROFESSIONAL STAFF WORKS ALONGSIDE HUNDREDS OF COMMUNITY VOLUNTEERS EACH YEAR TO PRESENT HIGH-QUALITY THEATRICAL EXPERIENCES WHILE FOSTERING CREATIVITY, EDUCATION, COLLABORATION, AND COMMUNITY ENGAGEMENT. ALT ALSO PROVIDES EDUCATIONAL PROGRAMMING, INCLUDING CLASSES, WORKSHOPS, CAMPS, AND YOUTH OPPORTUNITIES THAT ENCOURAGE PARTICIPATION IN THE PERFORMING ARTS FOR INDIVIDUALS OF ALL AGES AND EXPERIENCE LEVELS. ALT PLAYS AN IMPORTANT ROLE IN THE CULTURAL ENRICHMENT AND WELL-BEING OF THE ALBUQUERQUE COMMUNITY. MORE THAN 85% OF OPERATING EXPENSES ARE SUPPORTED THROUGH EARNED REVENUE, INCLUDING TICKET SALES, EDUCATIONAL PROGRAMS, RENTALS, CONCESSIONS, AND MERCHANDISING. PUBLIC DONATIONS HELP MAINTAIN ALT'S HISTORIC 500-SEAT THEATRE FACILITY, PRESERVE AN IMPORTANT COMMUNITY ARTS VENUE, KEEP TICKET PRICES ACCESSIBLE, PROVIDE SCHOLARSHIPS FOR EDUCATIONAL PROGRAMS, SUPPORT CAPITAL IMPROVEMENTS AND SPECIAL PROJECTS, AND EXPAND COMMUNITY ACCESS TO THE ARTS. ALT ALSO PROVIDES EMPLOYMENT AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR LOCAL ARTISTS, DIRECTORS, DESIGNERS, MUSICIANS, TECHNICIANS, AND TEACHING ARTISTS, HELPING SUPPORT THE CREATIVE ECONOMY OF NEW MEXICO. ALBUQUERQUE LITTLE THEATRE (ALT), FOUNDED IN 1930, IS ONE OF THE OLDEST CONTINUOUSLY OPERATING COMMUNITY THEATRES IN THE SOUTHWEST. ALT PRODUCES A SEASON OF FULL-SCALE BROADWAY MUSICALS, COMEDIES, DRAMAS, AND SPECIAL EVENTS THAT SERVE THOUSANDS OF AUDIENCE MEMBERS EACH YEAR. PRODUCTIONS TYPICALLY RUN FOR THREE TO FOUR WEEKS AND PROVIDE OPPORTUNITIES FOR BOTH EMERGING AND EXPERIENCED PERFORMERS, DESIGNERS, TECHNICIANS, AND VOLUNTEERS TO PARTICIPATE IN LIVE THEATRICAL ARTS. A SMALL PROFESSIONAL STAFF WORKS ALONGSIDE HUNDREDS OF COMMUNITY VOLUNTEERS EACH YEAR TO PRESENT HIGH-QUALITY THEATRICAL EXPERIENCES WHILE FOSTERING CREATIVITY, EDUCATION, COLLABORATION, AND COMMUNITY ENGAGEMENT. ALT ALSO PROVIDES EDUCATIONAL PROGRAMMING, INCLUDING CLASSES, WORKSHOPS, CAMPS, AND YOUTH OPPORTUNITIES THAT ENCOURAGE PARTICIPATION IN THE PERFORMING ARTS FOR INDIVIDUALS OF ALL AGES AND EXPERIENCE LEVELS. ALT PLAYS AN IMPORTANT ROLE IN THE CULTURAL ENRICHMENT AND WELL-BEING OF THE ALBUQUERQUE COMMUNITY. MORE THAN 85% OF OPERATING EXPENSES ARE SUPPORTED THROUGH EARNED REVENUE, INCLUDING TICKET SALES, EDUCATIONAL PROGRAMS, RENTALS, CONCESSIONS, AND MERCHANDISING. PUBLIC DONATIONS HELP MAINTAIN ALT'S HISTORIC 500-SEAT THEATRE FACILITY, PRESERVE AN IMPORTANT COMMUNITY ARTS VENUE, KEEP TICKET PRICES ACCESSIBLE, PROVIDE SCHOLARSHIPS FOR EDUCATIONAL PROGRAMS, SUPPORT CAPITAL IMPROVEMENTS AND SPECIAL PROJECTS, AND EXPAND COMMUNITY ACCESS TO THE ARTS. ALT ALSO PROVIDES EMPLOYMENT AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR LOCAL ARTISTS, DIRECTORS, DESIGNERS, MUSICIANS, TECHNICIANS, AND TEACHING ARTISTS, HELPING SUPPORT THE CREATIVE ECONOMY OF NEW MEXICO.
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? Worth knowing.
Status was revoked on November 15, 2015 for not filing returns for three years, and reinstated on November 15, 2015.
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 August 2016.
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.