Toledo Community Theatre Guild

Analysis

Toledo Community Theatre Guild is a registered charity in United States, based in Toledo, IA. It received its IRS tax-exemption ruling in December 2006, 20 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, Toledo Community Theatre Guild reported income of $178k and spending of $196k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $178k (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Toledo Community Theatre Guild sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within IA. Charities of a similar size with the same main cause include Alabama Society for Heathcare Engineering Inc ($178k), Italian American Cultural Center ($178k) and Bangladesh American Society of Greater Houston ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.