Mansfield Community Theatre

Analysis

Mansfield Community Theatre is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in October 2010, 16 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, Mansfield Community Theatre reported income of $104k and spending of $80k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $104k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mansfield Community Theatre sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Huntingdon Landmarks Inc ($104k), Thiruvalluvar Tamil Palli ($104k) and El Mundo de Los Munecos Puppetworld Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.