Southern Colorado Theatre Company

Analysis

Southern Colorado Theatre Company is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in August 2019, 7 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, Southern Colorado Theatre Company reported income of $841k and spending of $1.1m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $425k to $841k (+98%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southern Colorado Theatre Company sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Dallas Makerspace ($841k), Cape May Stage Inc ($842k) and Wow Childrens Museum World of Wonder Ltd ($841k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $259k. At year end it held assets of $209k against liabilities of $1,367, net assets of $208k. It reported 45 employees.