Quincy Community Theatre

Analysis

Quincy Community Theatre is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in November 1956, 70 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 December 2023, Quincy Community Theatre reported income of $969k and spending of $907k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $675k to $969k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Quincy Community Theatre sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Lincoln Hills Cares ($969k), Page Seventy Three Productions Inc ($969k) and Society of Thoracic Radiology ($969k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Other salaries and wages came to $325k. At year end it held assets of $1.8m against liabilities of $242k, net assets of $1.6m. It reported 12 employees.