Paradise Community Theatre Association Inc

Analysis

Paradise Community Theatre Association Inc is a registered charity in United States, based in Mora, MN. It received its IRS tax-exemption ruling in April 1997, 29 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, Paradise Community Theatre Association Inc reported income of $132k and spending of $146k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $157k to $132k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. 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, Paradise Community Theatre Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Global Cultural Connections ($132k), Braves Performing Arts Booster Club Inc ($132k) and Scotch Fair Highland Games Foundation ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. At year end it held assets of $384k against liabilities of $0, net assets of $384k.