Central Community Theatre Inc

Analysis

Central Community Theatre Inc is a registered charity in United States, based in Greenwel SPGS, LA. It received its IRS tax-exemption ruling in June 2009, 17 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, Central Community Theatre Inc reported income of $266k and spending of $241k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $266k (+108%), an average of +108% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Central Community Theatre Inc 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 59th percentile, and in the 58th percentile within LA. Charities of a similar size with the same main cause include Colorado Jazz Inc ($266k), Friends of the Patapsco Valley State Park Ltd ($266k) and Colt Coeur Theater Company Inc ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $13k (5.2% of expenses). Other salaries and wages came to $14k. At year end it held assets of $27k against liabilities of $851, net assets of $26k. It reported 3 employees.