Academy of Community Theatre

Analysis

Academy of Community Theatre is a registered charity in United States, based in Colorado SPGS, CO. 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 (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, Academy of Community Theatre reported income of $220k and spending of $217k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $170k to $220k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Academy of Community Theatre sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Aleph Media Incorporated ($220k), Arab America Foundation ($220k) and Film Florida Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $22k (10% of expenses). Other salaries and wages came to $5,740. At year end it held assets of $97k against liabilities of $0, net assets of $97k. It reported 4 employees.