Buffalo Community Theater

Analysis

Buffalo Community Theater is a registered charity in United States, based in Buffalo, MN. It received its IRS tax-exemption ruling in March 1996, 30 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 August 2023, Buffalo Community Theater reported income of $125k and spending of $102k, spending 81% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $130k to $125k (-4.4%), an average of -4.4% a year. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Buffalo Community Theater sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include The Gilbert & Sullivan Very Light Opera Company ($125k), Winifred Haun & Dancers ($125k) and Omegaup ($125k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.