The Golden Chain Theater Corporation

Analysis

The Golden Chain Theater Corporation is a registered charity in United States, based in Oakhurst, CA. It received its IRS tax-exemption ruling in March 1972, 54 years ago. 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 December 2023, The Golden Chain Theater Corporation reported income of $311k and spending of $276k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $236k to $311k (+32%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Golden Chain Theater Corporation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Kerr County Young Mens Christian Association ($311k), Crafton Public Library Assn ($311k) and Assurance Home Foundation Inc ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $7,221 (2.6% of expenses). Other salaries and wages came to $94k. At year end it held assets of $300k against liabilities of $2,061, net assets of $298k. It reported 13 employees.