Winnetka Theater Inc

Analysis

Winnetka Theater Inc is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in August 1996, 30 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 2023, Winnetka Theater Inc reported income of $229k and spending of $195k, spending 85% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $22k to $229k (+947%), an average of +947% a year. The sharpest change came in the year to May 2023, when income rose by 947%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Winnetka Theater Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Elkhart Civic Theatre Inc ($229k), Tidewater Winds ($229k) and Laura Ingalls Wilder Museum & Tourist Center ($229k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.