Farmers Branch Community Theatre Inc

Analysis

Farmers Branch Community Theatre Inc is a registered charity in United States, based in Farmers BRNCH, TX. It received its IRS tax-exemption ruling in December 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, Farmers Branch Community Theatre Inc reported income of $876k and spending of $907k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $729k to $876k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 126%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Farmers Branch Community Theatre Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Riverside-Avondale Preservation Inc ($876k), Estria Foundation ($876k) and Pasadena Bioscience Center Inc ($875k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $182k (20% of expenses). At year end it held assets of $516k against liabilities of $111k, net assets of $405k. It reported 2 employees.