Casino Theater Restoration and Management Inc

Analysis

Casino Theater Restoration and Management Inc is a registered charity in United States, based in Vandergrift, PA. It received its IRS tax-exemption ruling in March 1994, 32 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, Casino Theater Restoration and Management Inc reported income of $55k and spending of $76k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $68k to $55k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income rose by 108%. 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, Casino Theater Restoration and Management Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Friends of New Bern Firemens Museum Inc ($55k), Dryden Town Historical Society ($55k) and Lodge Approach ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 40% of the total. At year end it held assets of $396k against liabilities of $0, net assets of $396k.