Murphy Theatre Community Center Inc

Analysis

Murphy Theatre Community Center Inc is a registered charity in United States, based in Wilmington, OH. It received its IRS tax-exemption ruling in August 1989, 37 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, Murphy Theatre Community Center Inc reported income of $922k and spending of $905k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $654k to $922k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Murphy Theatre Community Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include The Marsh a Breeding Ground for New Performance ($922k), Transport Group Inc ($923k) and Mesa Arts Center Foundation ($922k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Other salaries and wages came to $212k. At year end it held assets of $1.8m against liabilities of $255k, net assets of $1.5m. It reported 24 employees.