Treehouse Theater

Analysis

Treehouse Theater is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Treehouse Theater reported income of $583k and spending of $372k, leaving 36% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $288k to $583k (+103%), an average of +19% a year. The sharpest change came in the year to May 2024, when income rose by 86%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Treehouse Theater sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include Venezuelan American Endowment for the Arts Inc ($583k), The Niagara Arts & Cultural Center Inc ($583k) and The Opera House at Boothbay Harbor ($583k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 51% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $65k (17% of expenses). At year end it held assets of $901k against liabilities of $105k, net assets of $796k.