Rising Star Theatre Company

Analysis

Rising Star Theatre Company is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in July 2012, 14 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, Rising Star Theatre Company reported income of $282k and spending of $215k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $282k (+163%), an average of +163% a year. The sharpest change came in the year to December 2023, when income rose by 163%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rising Star Theatre Company sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IA. Charities of a similar size with the same main cause include Le Sueur County Pioneer Power Association ($282k), Mid-Shore Community Radio Inc ($282k) and Waynesboro Symphony Orchestra Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $39k (18% of expenses). At year end it held assets of $159k against liabilities of $1,640, net assets of $157k. It reported 1 employees.