West Point Community Theater

Analysis

West Point Community Theater is a registered charity in United States, based in West Point, NE. It received its IRS tax-exemption ruling in July 2010, 16 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 June 2024, West Point Community Theater reported income of $217k and spending of $162k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $148k to $217k (+46%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 83%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, West Point Community Theater sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within NE. Charities of a similar size with the same main cause include Deen Arts Foundation ($217k), Genesius Corporation ($217k) and Humanities Amped ($217k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 30% of the total. At year end it held assets of $2.7m against liabilities of $45k, net assets of $2.7m.