Skip to the page content
Your donations
Passes our checks

League of Live Stream Theater Inc

EIN 88-3628417 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair66 out of 100GovernanceGood84 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE LEAGUE OF LIVE STREAM THEATER (THE ORGANIZATION) WORKS TO EXPAND THE REACH OF COMMUNITY THEATER THROUGHOUT THE UNITED STATES BY LIVE STREAMING PLAYS THROUGHOUT THE COUNTRY. THE ORGANIZATION WILL WORK EXCLUSIVLY WITH NON-PROFIT THEATERS AND WILL INTRODUCE LARGE AUDIENCES TO PRODUCTIONS FROM THESE THEATERS WITH THE HELP OF STATE-OF-THE-ARTS LIVE-STREAM TECHNOLOGY AND EXPERTISE. BY BRINGING THESE PLAYS TO HOMES, THE ORGANIZATION HOPES TO CULTIVATE AN ENTHUSIASTIC GENERATION OF AMERICANS WHO ARE PASSIONATE ABOUT COMMUNITY THEATER.

Income
$1.1 million
Spending
$1.0 million
Spent on programs
74%
Reserves
3.4 months of spending
Largest source of income
donations and private grants, 92%
Employees
4

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 66 out of 100. Higher than 42% of charities in its peer group (arts and culture, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.4 months of spending.

  • Debt

    16 of 20

    It owes 17% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 12% of income.

  • Income trend

    0 of 15

    Income fell 28% on the year before.

  • Spending floor

    15 of 15

    74% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 84 out of 100. Higher than 35% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    3 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, 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)
  1. $748,366 spent. THE LEAGUE OF LIVE STREAM THEATER WORKS TO EXPAND THE REACH OF COMMUNITY THEATER THROUGHOUT THE UNITED STATES BY LIVE STREAMING PLAYS THROUGHOUT THE COUNTRY AND CULTIVATE AN ENTHUSIASTIC GENERATION OF AMERICANS WHO ARE PASSIONATE ABOUT COMMUNITY THEATER.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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 October 13, 2026.

  2. 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 November 6, 2026.

  3. 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 October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2023.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 November 4, 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.