Fort Wayne Civic Theatre Inc

Analysis

Fort Wayne Civic Theatre Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in August 1959, 67 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, Fort Wayne Civic Theatre Inc reported income of $1.2m and spending of $1.2m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.2m (+8.3%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 116%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fort Wayne Civic Theatre Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Horizon Theatre Company Incorporated ($1.2m), Drama Club Inc ($1.2m) and Hellenic American Cultural Center & Museum of Oregon and SW Washington ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $83k (6.8% of expenses). Other salaries and wages came to $396k. At year end it held assets of $2.8m against liabilities of $330k, net assets of $2.4m. It reported 19 employees.