Rockwall Summer Musicals Inc

Analysis

Rockwall Summer Musicals Inc is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in August 2011, 15 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 December 2023, Rockwall Summer Musicals Inc reported income of $101k and spending of $94k, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $30k to $101k (+236%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 202%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rockwall Summer Musicals Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Tower Chorale ($101k), Madison County Veterans Memorial Foundation Inc ($101k) and Long Haul Productions Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.