Gamut Theatre Group Inc

Analysis

Gamut Theatre Group Inc is a registered charity in United States, based in Harrisburg, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gamut Theatre Group Inc reported income of $596k and spending of $713k, spending 120% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $783k to $596k (-24%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gamut Theatre Group Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Vivekananda Vidyapith Inc ($596k), Beyond Nuclear ($596k) and Filmmakers Collaborative Inc ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $75k (11% of expenses). Other salaries and wages came to $275k. At year end it held assets of $2.3m against liabilities of $831k, net assets of $1.5m. It reported 12 employees.