Walton Theatre Preservation Association

Analysis

Walton Theatre Preservation Association is a registered charity in United States, based in Walton, NY. It received its IRS tax-exemption ruling in January 2011, 15 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, Walton Theatre Preservation Association reported income of $71k and spending of $65k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $77k to $71k (-8.6%), an average of -2.2% a year. The sharpest change came in the year to December 2022, when income dropped by 118%. Over the whole period it spent 119% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Walton Theatre Preservation Association sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include American Friends of the Royal Ballet School Inc ($71k), Holy Land of Waterbury USA Inc ($71k) and Society for Preservation & Encourmt of Barbershop Quartet Singing Amer ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.