Wam Theatre

Analysis

Wam Theatre is a registered charity in United States, based in Lenox, MA. It received its IRS tax-exemption ruling in August 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 (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, Wam Theatre reported income of $520k and spending of $520k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $441k to $520k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wam Theatre sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include New Hampshire Music Festival Inc ($520k), Calliope Project Inc ($520k) and Classically Connected Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $66k (13% of expenses). Other salaries and wages came to $186k. At year end it held assets of $337k against liabilities of $233k, net assets of $104k. It reported 32 employees.