Mira Theatre Guild

Analysis

Mira Theatre Guild is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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 June 2024, Mira Theatre Guild reported income of $51k and spending of $32k, leaving 38% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $151k to $51k (-66%), an average of -66% a year. The sharpest change came in the year to June 2024, when income dropped by 66%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mira Theatre Guild sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Clear Lake Public Library Foundation ($51k), Iowa National Guard Memorial Assn ($51k) and We Are VB ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 11% of the total. At year end it held assets of $171k against liabilities of $660, net assets of $171k.