Galion Community Theatre Inc

Analysis

Galion Community Theatre Inc is a registered charity in United States, based in Galion, OH. It received its IRS tax-exemption ruling in April 1985, 41 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 December 2023, Galion Community Theatre Inc reported income of $132k and spending of $127k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $132k (+4.4%), an average of +1.1% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 122% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Galion Community Theatre Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Raymer Society for the Preservation of Kansas Art & Culture ($132k), Placer Artists Tour ($132k) and East Providence Historical Society ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. At year end it held assets of $740k against liabilities of $0, net assets of $740k.