Area Community Theater Inc

Analysis

Area Community Theater Inc is a registered charity in United States, based in Tomah, WI. It received its IRS tax-exemption ruling in October 1978, 48 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 June 2024, Area Community Theater Inc reported income of $259k and spending of $142k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $181k to $259k (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Area Community Theater Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Volunteers of America Inc ($259k), Rotary Club of Morgan Hill Endowment Inc ($260k) and El Rodeo Elementary PTA ($259k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 27% of the total. Other salaries and wages came to $13k. At year end it held assets of $1.0m against liabilities of $36k, net assets of $994k. It reported 1 employees.