San Gabriel Valley Music Theatre

Analysis

San Gabriel Valley Music Theatre is a registered charity in United States, based in San Gabriel, CA. It received its IRS tax-exemption ruling in March 2014, 12 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, San Gabriel Valley Music Theatre reported income of $75k and spending of $77k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $14k to $75k (+447%), an average of +447% a year. The sharpest change came in the year to December 2023, when income rose by 447%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Gabriel Valley Music Theatre sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Prospect Foundation Inc ($75k), Ohio Performing Arts Institute ($75k) and Lambertville Historical Society ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.