Cassidy Theatre Inc

Analysis

Cassidy Theatre Inc is a registered charity in United States, based in Parma Heights, OH. It received its IRS tax-exemption ruling in May 2008, 18 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, Cassidy Theatre Inc reported income of $356k and spending of $298k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $189k to $356k (+88%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cassidy Theatre Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Winston-Salem Mixxer Inc ($356k), Jourdan Bachman Pioneer Farms Foundation Inc ($356k) and Give Music Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $13k (4.2% of expenses). Other salaries and wages came to $21k. At year end it held assets of $97k against liabilities of $428, net assets of $96k. It reported 2 employees.