Erie Civic Theatre Association

Analysis

Erie Civic Theatre Association is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in November 1947, 79 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, Erie Civic Theatre Association reported income of $1.2m and spending of $1.3m, spending 107% of what it took in. Across the 5 years on record, from August 2019 to December 2023, income grew from $1.2m to $1.2m (+2.1%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Erie Civic Theatre Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Lantern Theater Company ($1.2m), Golden State Ballet Foundation ($1.2m) and National Institute of Statistical Sciences ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $60k (4.5% of expenses). Other salaries and wages came to $429k. At year end it held assets of $3.9m against liabilities of $685k, net assets of $3.2m. It reported 42 employees.