Clinton Area Showboat Theatre Inc Showboat Riverfront Dr

Analysis

Clinton Area Showboat Theatre Inc Showboat Riverfront Dr is a registered charity in United States, based in Clinton, IA. It received its IRS tax-exemption ruling in April 1994, 32 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 October 2023, Clinton Area Showboat Theatre Inc Showboat Riverfront Dr reported income of $395k and spending of $312k, leaving 21% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $243k to $395k (+63%), an average of +13% a year. The sharpest change came in the year to October 2021, when income rose by 523%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clinton Area Showboat Theatre Inc Showboat Riverfront Dr sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within IA. Charities of a similar size with the same main cause include Sequential Artists Workshop ($395k), California Association of Teachers of English ($395k) and Rancho Cucamonga Bands and Colorguard Booster Association ($394k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $109k. At year end it held assets of $52k against liabilities of $85k, net assets of -$33k. It reported 41 employees.