Warroad Summer Theater Company
Analysis
Warroad Summer Theater Company is a registered charity in United States, based in Warroad, MN. It received its IRS tax-exemption ruling in August 1983, 43 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 September 2024, Warroad Summer Theater Company reported income of $104k and spending of $104k, spending 100% of its income. Across the 3 years on record, from September 2022 to September 2024, income grew from $62k to $104k (+69%), an average of +30% a year. The sharpest change came in the year to September 2024, when income rose by 74%. Over the whole period it spent 102% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Warroad Summer Theater Company sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Young Musicians of Alamance ($104k), Taking Shape Inc ($104k) and Associated Irish Societies Inc ($104k).
On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.
Income and spending
Where the income comes from
- Contributions & grants 42%
- Program services 58%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Young Musicians of Alamance | Burlington | $104k |
| Taking Shape Inc | Carrollton | $104k |
| Associated Irish Societies Inc | New Haven | $104k |
| Kits Cubed Inc | Oakland | $104k |