Prairie Players Civic Theatre

Analysis

Prairie Players Civic Theatre is a registered charity in United States, based in Galesburg, IL. It received its IRS tax-exemption ruling in July 1975, 51 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 August 2023, Prairie Players Civic Theatre reported income of $68k and spending of $81k, spending 120% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $69k to $68k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to August 2022, when income rose by 39%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Prairie Players Civic Theatre sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Market Street Music Corporation ($68k), The Artisans Village Inc ($68k) and Childrens Media Association Inc ($68k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 45% and program service revenue 49% of the total. At year end it held assets of $483k against liabilities of $116k, net assets of $367k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.