Monroe Actors Stage Company

Analysis

Monroe Actors Stage Company is a registered charity in United States, based in Waterloo, IL. It received its IRS tax-exemption ruling in August 2002, 24 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 July 2024, Monroe Actors Stage Company reported income of $80k and spending of $69k, spending 86% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $66k to $80k (+20%), an average of +20% a year. The sharpest change came in the year to July 2024, when income rose by 20%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Monroe Actors Stage Company sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Hawaiian Legacy Foundation ($80k), Korean Institute of Minnesota ($80k) and Haddam Historical Society ($80k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.