Beaver Dam Community Theatre Inc

Analysis

Beaver Dam Community Theatre Inc is a registered charity in United States, based in Beaver Dam, WI. It received its IRS tax-exemption ruling in October 1966, 60 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 December 2023, Beaver Dam Community Theatre Inc reported income of $380k and spending of $476k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $724k to $380k (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beaver Dam Community Theatre Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include Corning Elmira Musical Arts ($380k), World War II Airborne Demonstration Team Foundation ($380k) and Jefferson Matters Main Street ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). Other salaries and wages came to $23k. At year end it held assets of $3.1m against liabilities of $147k, net assets of $3.0m. It reported 3 employees.