Tallgrass Theatre Company

Analysis

Tallgrass Theatre Company is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in December 2003, 23 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 May 2023, Tallgrass Theatre Company reported income of $201k and spending of $163k, spending 81% of its income. Across the 2 years on record, from May 2022 to May 2023, income fell from $294k to $201k (-32%), an average of -32% a year. The sharpest change came in the year to May 2023, when income dropped by 32%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tallgrass Theatre Company sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IA. Charities of a similar size with the same main cause include Vivid Stage Inc ($201k), Cinestudio Inc ($201k) and Philippine Cultural & Civic Center Foundation Inc ($201k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $362k against liabilities of $0, net assets of $362k. It reported 12 employees.