Earl L and Corinne a Otto Community Theatre Endowment TR

Analysis

Earl L and Corinne a Otto Community Theatre Endowment TR is a registered charity in United States, based in Wisc Rapids, WI. It received its IRS tax-exemption ruling in February 2008, 18 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Earl L and Corinne a Otto Community Theatre Endowment TR reported income of $122k and spending of $106k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $122k (+6.2%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Earl L and Corinne a Otto Community Theatre Endowment TR sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within WI. Charities of a similar size with the same main cause include Rhode Island Heritage Hall of Fame ($122k), Halifax County Historical Society ($122k) and Brickton Art Center ($122k).

Compensation of current officers, directors and key employees was $28k (26% of expenses). At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.