Spinning Tree Theatre

Analysis

Spinning Tree Theatre is a registered charity in United States, based in Prairie VLG, KS. It received its IRS tax-exemption ruling in March 2011, 15 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Spinning Tree Theatre reported income of $200k and spending of $196k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $232k to $200k (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2022, when income rose by 228%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spinning Tree Theatre sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within KS. Charities of a similar size with the same main cause include Opera Cultura ($200k), Take Note Colorado ($200k) and Sitka Historical Society Inc ($200k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $59k (30% of expenses). Other salaries and wages came to $13k. At year end it held assets of $14k against liabilities of $0, net assets of $14k.