Palm Canyon Theatre

Analysis

Palm Canyon Theatre is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in August 2015, 11 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 May 2024, Palm Canyon Theatre reported income of $605k and spending of $569k, spending 94% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $587k to $605k (+3.1%), an average of +0.6% a year. The sharpest change came in the year to May 2022, when income rose by 130%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Palm Canyon Theatre sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Shout Mouse Press Inc ($605k), Hands in Harmony Inc ($605k) and The Museum of Western Art Foundation ($605k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $42k (7.3% of expenses). At year end it held assets of $36k against liabilities of $0, net assets of $36k. It reported 1 employees.