Boerne Community Theatre

Analysis

Boerne Community Theatre is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in August 2023, 3 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 August 2022, Boerne Community Theatre reported income of $208k and spending of $233k, spending 112% of what it took in. Across the 3 years on record, from August 2019 to August 2022, income fell from $213k to $208k (-2.5%), an average of -1.3% a year. The sharpest change came in the year to August 2020, when income dropped by 16%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boerne Community Theatre 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 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Rise Up School of Dance ($208k), Heritage Sylvania Inc ($208k) and Actors Theater of Minnesota ($208k).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 26% and program service revenue 56% of the total. Other salaries and wages came to $66k. At year end it held assets of $515k against liabilities of $50k, net assets of $465k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.