Granbury Theatre Company Inc

Analysis

Granbury Theatre Company Inc is a registered charity in United States, based in Granbury, TX. It received its IRS tax-exemption ruling in April 2012, 14 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, Granbury Theatre Company Inc reported income of $2.0m and spending of $2.4m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.0m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 331%. 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, Granbury Theatre Company Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Mathematical Sciences Publishers ($2.0m), Friends of Craft Inc ($2.0m) and Norway House ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $737k against liabilities of $1,109, net assets of $736k. It reported 46 employees.