Chambersburg Community Theatre

Analysis

Chambersburg Community Theatre is a registered charity in United States, based in Chambersburg, PA. It received its IRS tax-exemption ruling in September 2023, 3 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 August 2023, Chambersburg Community Theatre reported income of $88k and spending of $100k, spending 115% of what it took in. Across the 3 years on record, from August 2018 to August 2023, income fell from $210k to $88k (-58%), an average of -35% a year. The sharpest change came in the year to August 2023, when income dropped by 60%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chambersburg Community Theatre sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within PA. Charities of a similar size with the same main cause include The Foundation of the Alliance for Community Media ($88k), Friends of the Three Bears Inc ($88k) and Forte Theatre Company Inc ($88k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.0% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $23k (23% of expenses). At year end it held assets of $248k against liabilities of $0, net assets of $248k. It reported 2 employees.