Cherry Creek Theatre Company

Analysis

Cherry Creek Theatre Company is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 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, Cherry Creek Theatre Company reported income of $151k and spending of $161k, spending 106% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $52k to $151k (+191%), an average of +24% a year. The sharpest change came in the year to December 2019, when income rose by 98%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cherry Creek Theatre Company sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include Lovell Historical Society ($151k), 29 Bellevue Avenue Foundation Inc ($151k) and Lookingglass Playhouse of Lebanon ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $1,207 against liabilities of $89, net assets of $1,118.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.