Rochester Civic Theatre Inc

Analysis

Rochester Civic Theatre Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in March 1954, 72 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 July 2023, Rochester Civic Theatre Inc reported income of $862k and spending of $771k, spending 89% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $994k to $862k (-13%), an average of -3.5% a year. The sharpest change came in the year to July 2022, when income rose by 156%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rochester Civic Theatre Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Profile Theatre Project ($862k), Music Workshop ($862k) and Frigid New York Inc ($862k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 52% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $69k (9.0% of expenses). Other salaries and wages came to $227k. At year end it held assets of $454k against liabilities of $56k, net assets of $398k. It reported 12 employees.