Clearfield Arts Studio Theater Inc

Analysis

Clearfield Arts Studio Theater Inc is a registered charity in United States, based in Clearfield, PA. It received its IRS tax-exemption ruling in August 1984, 42 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 June 2024, Clearfield Arts Studio Theater Inc reported income of $128k and spending of $122k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $127k to $128k (+0.7%), an average of +0.7% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clearfield Arts Studio Theater Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Oasis United Inc ($128k), American Jewish Press Association ($128k) and Yoemem Tekia Foundation ($128k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 74% of the total. At year end it held assets of $178k against liabilities of $806, net assets of $178k.