Colonial Theatre Group Inc

Analysis

Colonial Theatre Group Inc is a registered charity in United States, based in Keene, NH. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Colonial Theatre Group Inc reported income of $2.3m and spending of $2.9m, spending 127% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $2.4m to $2.3m (-5.9%), an average of -1.2% a year. The sharpest change came in the year to July 2020, when income rose by 221%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colonial Theatre Group Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NH. Charities of a similar size with the same main cause include Dawning Family Services Inc ($2.3m), American Society of Overseas Research ($2.3m) and Howard County Arts Council ($2.3m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 34% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $212k (7.3% of expenses). Other salaries and wages came to $498k. At year end it held assets of $14.1m against liabilities of $2.5m, net assets of $11.6m. It reported 83 employees.