Village Theater Company

Analysis

Village Theater Company is a registered charity in United States, based in Sewickley, PA. It received its IRS tax-exemption ruling in February 2013, 13 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, Village Theater Company reported income of $818k and spending of $1.1m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $818k (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 172%. 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, Village Theater Company sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Port Arthur Historical Society ($818k), Association for Surgical Education Inc ($818k) and Dciia Retirement Research Center ($817k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $165k (14% of expenses). Other salaries and wages came to $344k. At year end it held assets of $4.3m against liabilities of $1.3m, net assets of $3.0m. It reported 22 employees.