Floyd J McCree Theatre

Analysis

Floyd J McCree Theatre is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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, Floyd J McCree Theatre reported income of $1.0m and spending of $933k, spending 93% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $535k to $1.0m (+87%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 222%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Floyd J McCree Theatre sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Asbury Foundation for Theological Education Inc ($1.0m), Transform Hawaii Government ($1.0m) and Habitat for Humanity International Inc ($1000k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. Other salaries and wages came to $179k. At year end it held assets of $409k against liabilities of $194k, net assets of $215k. It reported 5 employees.