Corsicana Community Playhouse Inc

Analysis

Corsicana Community Playhouse Inc is a registered charity in United States, based in Corsicana, TX. It received its IRS tax-exemption ruling in November 1972, 54 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 December 2023, Corsicana Community Playhouse Inc reported income of $278k and spending of $241k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $278k (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Corsicana Community Playhouse Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Arkansas Culture and Dialog Center ($278k), Digital Lakes Inc ($278k) and American Chemical Society ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Other salaries and wages came to $43k. At year end it held assets of $427k against liabilities of $137k, net assets of $290k. It reported 16 employees.