Community Theatre League Inc

Analysis

Community Theatre League Inc is a registered charity in United States, based in Williamsport, PA. It received its IRS tax-exemption ruling in August 1992, 34 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 August 2023, Community Theatre League Inc reported income of $512k and spending of $548k, spending 107% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $439k to $512k (+17%), an average of +3.9% a year. The sharpest change came in the year to August 2021, when income rose by 35%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Theatre League Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Yolo County Arts Council Inc ($511k), Overshadowed Theatrical Productions Inc ($512k) and American Indian Center Inc ($511k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Other salaries and wages came to $229k. At year end it held assets of $366k against liabilities of $149k, net assets of $218k. It reported 16 employees.

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.