Ambler Theater Inc

Analysis

Ambler Theater Inc is a registered charity in United States, based in Ambler, PA. It received its IRS tax-exemption ruling in December 2002, 24 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 December 2023, Ambler Theater Inc reported income of $1.7m and spending of $1.6m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.7m (-7.7%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ambler Theater Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include KCPT Expansion Supporting Corporation ($1.7m), Santa Fe Childrens Museum Inc ($1.7m) and Deep Center Incorporated ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 43% of the total. At year end it held assets of $4.3m against liabilities of $1.4m, net assets of $2.9m.