Celebration Company at the Station Theatre

Analysis

Celebration Company at the Station Theatre is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in June 1974, 52 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, Celebration Company at the Station Theatre reported income of $77k and spending of $74k, spending 96% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $32k to $77k (+142%), an average of +142% a year. The sharpest change came in the year to August 2023, when income rose by 142%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Celebration Company at the Station Theatre sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Rocky Mountain Guitar Camp ($77k), WHS Music Boosters Inc ($77k) and Krewe de Joie de Vie Inc ($77k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $350k against liabilities of $0, net assets of $350k.