Warner Theatre Preservation Trust

Analysis

Warner Theatre Preservation Trust is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Warner Theatre Preservation Trust reported income of $302k and spending of $302k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $37 to $302k (+815300%), an average of +815300% a year. The sharpest change came in the year to December 2023, when income rose by 815300%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Warner Theatre Preservation Trust sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Project Alive ($302k), Show-Me Curriculum Administrators Association ($302k) and Old Westbury Golf and Country Club Foundation Inc ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $82k against liabilities of $28, net assets of $82k.