Ohio Valley Summer Theater

Analysis

Ohio Valley Summer Theater is a registered charity in United States, based in Athens, OH. It received its IRS tax-exemption ruling in August 1974, 52 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ohio Valley Summer Theater reported income of $53k and spending of $72k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $53k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 130% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ohio Valley Summer Theater sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include Lake Arts Council ($53k), Americas Media Initiative NFP ($53k) and Le Jeune Ballet National Co ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.