Community Theatre for Southwest Missouri

Analysis

Community Theatre for Southwest Missouri is a registered charity in United States, based in Carthage, MO. It received its IRS tax-exemption ruling in August 1988, 38 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 June 2024, Community Theatre for Southwest Missouri reported income of $148k and spending of $180k, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $139k to $148k (+7.2%), an average of +1.8% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Theatre for Southwest Missouri sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MO. Charities of a similar size with the same main cause include Batesville Area Arts Council Inc ($148k), Coates Inc ($148k) and Ahiska Turks Cultural Center ($148k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 70% of the total. Other salaries and wages came to $14k. At year end it held assets of $431k against liabilities of $11k, net assets of $420k. It reported 2 employees.