Kokomo Civic Theatre Inc

Analysis

Kokomo Civic Theatre Inc is a registered charity in United States, based in Kokomo, IN. It received its IRS tax-exemption ruling in July 1953, 73 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, Kokomo Civic Theatre Inc reported income of $88k and spending of $90k, spending 102% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $80k to $88k (+9.7%), an average of +4.8% a year. 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, Kokomo Civic Theatre Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include Irish Institute Inc ($88k), Curtain Call Playhouse Inc ($88k) and Lakes Region Public Access-Tv Inc ($88k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 48% and program service revenue 50% of the total. At year end it held assets of $157k against liabilities of $3,107, net assets of $154k.