Fallon Community Theatre Inc

Analysis

Fallon Community Theatre Inc is a registered charity in United States, based in Fallon, NV. It received its IRS tax-exemption ruling in June 2015, 11 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, Fallon Community Theatre Inc reported income of $361k and spending of $123k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $361k (+406%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 269%. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fallon Community Theatre Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within NV. Charities of a similar size with the same main cause include Magic Curtain Productions Inc ($360k), Roanoke Valley Childrens Choir Inc ($361k) and Center for Latter-Day Saint Arts Inc ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $920k against liabilities of $0, net assets of $920k.