The Holland Community Theatre

Analysis

The Holland Community Theatre is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in April 1981, 45 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 July 2024, The Holland Community Theatre reported income of $122k and spending of $106k, spending 87% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $106k to $122k (+15%), an average of +15% a year. The sharpest change came in the year to July 2024, when income rose by 15%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Holland Community Theatre 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 42nd percentile within MI. Charities of a similar size with the same main cause include Ameaningoflife Org Inc ($122k), Academy of Music Performance Inc ($122k) and Bullion Plaza Cultural Center & Museum ($122k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $181k against liabilities of $18k, net assets of $163k.