Friends of Calhouns Gem Theatre Inc

Analysis

Friends of Calhouns Gem Theatre Inc is a registered charity in United States, based in Calhoun, GA. It received its IRS tax-exemption ruling in January 2004, 22 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 December 2023, Friends of Calhouns Gem Theatre Inc reported income of $461k and spending of $377k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $461k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 270%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Calhouns Gem Theatre Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Childrens Ballet of San Antonio ($461k), Crowley Museum and Nature Center Inc ($461k) and Southern Memorial Association ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Other salaries and wages came to $10k. At year end it held assets of $3.1m against liabilities of $75k, net assets of $3.0m. It reported 1 employees.