The Temple Theater for the Performing Arts Inc

Analysis

The Temple Theater for the Performing Arts Inc is a registered charity in United States, based in Meridian, MS. It received its IRS tax-exemption ruling in July 2014, 12 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 2022, The Temple Theater for the Performing Arts Inc reported income of $189k and spending of $262k, spending 139% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $186k to $189k (+1.2%), an average of +1.2% a year. Over the whole period it spent 127% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Temple Theater for the Performing Arts Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within MS. Charities of a similar size with the same main cause include Under the Volcano International Inc ($188k), The Living Earth Show ($189k) and Sacra Profana ($188k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $279k against liabilities of $856k, net assets of -$577k.