Zanesville Community Theatre

Analysis

Zanesville Community Theatre is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in August 1971, 55 years ago. 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 May 2023, Zanesville Community Theatre reported income of $70k and spending of $64k, spending 92% of its income. Across the 4 years on record, from May 2020 to May 2023, income fell from $233k to $70k (-70%), an average of -33% a year. The sharpest change came in the year to May 2021, when income dropped by 63%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Zanesville Community Theatre sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Sparks Heritage Foundation and Museum Inc ($70k), Alliance for Economic Development for Georgetown County ($70k) and Pop Warner Little Scholars Inc ($70k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $332k against liabilities of $23k, net assets of $309k.