Greater Grand Forks Community Theatre

Analysis

Greater Grand Forks Community Theatre is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in October 1982, 44 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 June 2023, Greater Grand Forks Community Theatre reported income of $109k and spending of $124k, spending 114% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $120k to $109k (-8.5%), an average of -8.5% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Grand Forks Community Theatre sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 31st percentile within ND. Charities of a similar size with the same main cause include Capitol Hill Restoration Society Inc ($109k), Black & White Project Space Inc ($109k) and Newport Sings ($109k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 72% of the total. At year end it held assets of $204k against liabilities of $13k, net assets of $191k.