Power House Theater Walla Walla

Analysis

Power House Theater Walla Walla is a registered charity in United States, based in Walla Walla, WA. It received its IRS tax-exemption ruling in August 2016, 10 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, Power House Theater Walla Walla reported income of $660k and spending of $547k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $588k to $660k (+12%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Power House Theater Walla Walla sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Pageantry Arts Concepts Inc ($660k), Beaufort Historical Association Inc ($660k) and Tri-Cities Opera Company Inc ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $69k (13% of expenses). Other salaries and wages came to $64k. At year end it held assets of $1.8m against liabilities of $371k, net assets of $1.4m. It reported 31 employees.