Chico Theater Company Inc

Analysis

Chico Theater Company Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in September 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chico Theater Company Inc reported income of $500k and spending of $426k, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $411k to $500k (+22%), an average of +4.0% a year. The sharpest change came in the year to June 2022, when income rose by 289%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chico Theater Company Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Friends of Oxmoor Foundation Inc ($500k), Spokane Symphony Associates ($500k) and Main Street Historic Chestertown ($500k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $135k (32% of expenses). Other salaries and wages came to $58k. At year end it held assets of $885k against liabilities of $362k, net assets of $523k. It reported 8 employees.