Appalachian Theatre of the High Country

Analysis

Appalachian Theatre of the High Country is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in March 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 June 2023, Appalachian Theatre of the High Country reported income of $966k and spending of $1.2m, spending 125% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $752k to $966k (+28%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 92%. 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, Appalachian Theatre of the High Country sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include American Mental Health Counselors Assoc ($966k), Cuban Museum Inc ($966k) and Genesee-Orleans Regional Arts Council ($966k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $314k. At year end it held assets of $8.8m against liabilities of $264k, net assets of $8.5m. It reported 40 employees.