Willmar Community Theater Inc

Analysis

Willmar Community Theater Inc is a registered charity in United States, based in Willmar, MN. It received its IRS tax-exemption ruling in June 2018, 8 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 September 2023, Willmar Community Theater Inc reported income of $349k and spending of $354k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $259k to $349k (+35%), an average of +7.8% a year. The sharpest change came in the year to September 2022, when income rose by 67%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Willmar Community Theater Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Playing at Learning ($349k), Bergen County Players Inc ($349k) and The@systems and Machine Learning Foundation ($349k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Other salaries and wages came to $73k. At year end it held assets of $1.1m against liabilities of $327k, net assets of $822k. It reported 2 employees.