Regional Theatre of the Palouse

Analysis

Regional Theatre of the Palouse is a registered charity in United States, based in Pullman, WA. It received its IRS tax-exemption ruling in May 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, Regional Theatre of the Palouse reported income of $284k and spending of $253k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $166k to $284k (+72%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Regional Theatre of the Palouse sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include Caledonian Society of Arizona ($284k), Downtown Pittsfield Cultural Association Inc ($284k) and Performing Arts Center of Rapid City Inc ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $11k (4.4% of expenses). Other salaries and wages came to $48k. At year end it held assets of $481k against liabilities of $1,141, net assets of $480k. It reported 31 employees.