Community Theatre Guild Inc

Analysis

Community Theatre Guild Inc is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in June 1958, 68 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, Community Theatre Guild Inc reported income of $223k and spending of $266k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $259k to $223k (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Theatre Guild Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Freshlens Chicago ($223k), Community Access Television Inc ($223k) and Indian Hill Historical Museum Association ($223k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Other salaries and wages came to $76k. At year end it held assets of $627k against liabilities of $61k, net assets of $566k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.