Willcox Theater and Arts Inc

Analysis

Willcox Theater and Arts Inc is a registered charity in United States, based in Willcox, AZ. It received its IRS tax-exemption ruling in April 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 May 2024, Willcox Theater and Arts Inc reported income of $563k and spending of $407k, leaving 28% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $496k to $563k (+14%), an average of +3.2% a year. The sharpest change came in the year to May 2022, when income rose by 162%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Willcox Theater and Arts Inc 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 69th percentile within AZ. Charities of a similar size with the same main cause include National Jewelry Institute Inc ($563k), Museum of American Porcelain Art ($563k) and Chatham Baroque Inc ($563k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $162k. At year end it held assets of $1.3m against liabilities of $429k, net assets of $864k. It reported 19 employees.