McCulloch County Historical Theater Society

Analysis

McCulloch County Historical Theater Society is a registered charity in United States, based in Brady, TX. It received its IRS tax-exemption ruling in March 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, McCulloch County Historical Theater Society reported income of $87k and spending of $100k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $87k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, McCulloch County Historical Theater Society sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Austin Hartel Dance Company ($87k), Disability in Uinta County ($87k) and Downtown Lenoir Development Alliance ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $181k against liabilities of $678, net assets of $180k.