Alpine Community Theater

Analysis

Alpine Community Theater is a registered charity in United States, based in Lehi, UT. It received its IRS tax-exemption ruling in June 2017, 9 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, Alpine Community Theater reported income of $92k and spending of $115k, spending 125% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $620k to $92k (-85%), an average of -47% a year. The sharpest change came in the year to December 2021, when income dropped by 71%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alpine Community Theater sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within UT. Charities of a similar size with the same main cause include Tennessee Stage Company ($92k), Filipino American Association of Pensacola Inc ($92k) and Experimental Aircraft Association Greater Kansas City Chapter 91 ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $472k against liabilities of $67k, net assets of $405k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.