Classic Theatre of San Antonio

Analysis

Classic Theatre of San Antonio is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in March 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, Classic Theatre of San Antonio reported income of $338k and spending of $480k, spending 142% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $369k to $338k (-8.4%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Classic Theatre of San Antonio sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Friends of the Uffizi Gallery Inc ($338k), Log Cabin Institute ($338k) and Rallysound Inc ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 30% of the total. Other salaries and wages came to $170k. At year end it held assets of $211k against liabilities of $58, net assets of $211k. It reported 4 employees.