Strand Theatre and Cultural Artsassociation Inc

Analysis

Strand Theatre and Cultural Artsassociation Inc is a registered charity in United States, based in Delaware, OH. It received its IRS tax-exemption ruling in November 2007, 19 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, Strand Theatre and Cultural Artsassociation Inc reported income of $574k and spending of $583k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $578k to $574k (-0.7%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 235%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Strand Theatre and Cultural Artsassociation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Knotty Luxe Arts Foundation NFP ($574k), Trailing of the Sheep Cultural Heritage Center Inc ($574k) and Triskelion Arts-Kick-Standance Inc ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. Other salaries and wages came to $208k. At year end it held assets of $1.2m against liabilities of $206k, net assets of $977k. It reported 25 employees.