South Valley Civic Theatre

Analysis

South Valley Civic Theatre is a registered charity in United States, based in Gilroy, CA. It received its IRS tax-exemption ruling in March 1973, 53 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, South Valley Civic Theatre reported income of $330k and spending of $239k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $209k to $330k (+58%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Valley Civic Theatre sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Baton Rouge Blues Foundation ($330k), Gujarati Samaj of St Louis Inc ($330k) and Biomedical Excellence for Safer Transfusion Colaborative ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 65% of the total. At year end it held assets of $314k against liabilities of $3,234, net assets of $311k.