May River Theatre Inc

Analysis

May River Theatre Inc is a registered charity in United States, based in Bluffton, SC. It received its IRS tax-exemption ruling in June 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, May River Theatre Inc reported income of $127k and spending of $129k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $127k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, May River Theatre Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 49th percentile within SC. Charities of a similar size with the same main cause include Cambodian Vintage Music Archive Inc ($127k), Quantitative User Experience Association ($127k) and Friends of Timberline ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. At year end it held assets of $6,003 against liabilities of $0, net assets of $6,003.