Civic Theatre of Greater Lafayette Inc

Analysis

Civic Theatre of Greater Lafayette Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in July 1979, 47 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 June 2023, Civic Theatre of Greater Lafayette Inc reported income of $410k and spending of $478k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $314k to $410k (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Civic Theatre of Greater Lafayette Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include California Women Lead ($410k), Data-Driven Economic Strategies Inc ($410k) and Classical Saxophone Project Inc ($410k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $56k (12% of expenses). Other salaries and wages came to $137k. At year end it held assets of $636k against liabilities of $117k, net assets of $519k. It reported 15 employees.