The Kalamazoo Civic Theatre

Analysis

The Kalamazoo Civic Theatre is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, The Kalamazoo Civic Theatre reported income of $2.0m and spending of $2.7m, spending 131% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $2.1m to $2.0m (-2.8%), an average of -0.7% a year. The sharpest change came in the year to May 2021, when income rose by 61%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Kalamazoo Civic 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 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Garden of Remembrance Memorial PK Inc ($2.0m), Homeward Bound Pets Humane Society ($2.0m) and Shirley Chisholm Day Care Center 2 ($2.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 75% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $100k (3.8% of expenses). Other salaries and wages came to $910k. At year end it held assets of $10.0m against liabilities of $418k, net assets of $9.5m. It reported 39 employees.