Crandell Theatre Inc

Analysis

Crandell Theatre Inc is a registered charity in United States, based in Chatham, NY. It received its IRS tax-exemption ruling in September 2000, 26 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, Crandell Theatre Inc reported income of $1.0m and spending of $610k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $541k to $1.0m (+85%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 126%. 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, Crandell Theatre Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Pennsylvania Center for Poultry and Livestock Excellence ($1.0m), Indo American Cultural and Religious Foundation of Arizona ($1.0m) and Taiwanese American Culture Center of East Bay ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $52k (8.5% of expenses). Other salaries and wages came to $136k. At year end it held assets of $3.0m against liabilities of $75k, net assets of $3.0m. It reported 24 employees.