Historic Lund Theater Association

Analysis

Historic Lund Theater Association is a registered charity in United States, based in Viborg, SD. It received its IRS tax-exemption ruling in October 2021, 5 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 December 2023, Historic Lund Theater Association reported income of $102k and spending of $96k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $105k to $102k (-3.5%), an average of -1.8% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Lund Theater Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 32nd percentile within SD. Charities of a similar size with the same main cause include Arts Council of Rockland Inc ($102k), Espanoles Cientificos En USA ($102k) and Rumi Academy ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.