Tiffin Theatre Inc

Analysis

Tiffin Theatre Inc is a registered charity in United States, based in Tiffin, OH. It received its IRS tax-exemption ruling in April 1982, 44 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 June 2023, Tiffin Theatre Inc reported income of $1.0m and spending of $1.2m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $1.0m (-5.7%), an average of -1.5% a year. The sharpest change came in the year to June 2022, when income rose by 146%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tiffin Theatre Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Symphony Tacoma ($1.0m), American Sewing Guild Inc ($1.0m) and Automotive Hall of Fame Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 83% of the total. Other salaries and wages came to $256k. At year end it held assets of $2.4m against liabilities of $343k, net assets of $2.1m. It reported 7 employees.