Champaign Urbana Theatre Company

Analysis

Champaign Urbana Theatre Company is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in October 1992, 34 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, Champaign Urbana Theatre Company reported income of $109k and spending of $89k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $138k to $109k (-21%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income rose by 138%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Champaign Urbana Theatre Company sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Canyon Aristocats Parentsassociation ($109k), Puerto Rican Workshop Inc ($109k) and Clayton Cultural Arts Foundation Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 54% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.