Greenville Family Theater

Analysis

Greenville Family Theater is a registered charity in United States, based in Greenville, TX. It received its IRS tax-exemption ruling in November 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, Greenville Family Theater reported income of $50k and spending of $85k, spending 168% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $50k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greenville Family Theater sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Toy Train Depot Inc ($50k), Canto Vocal Programs a New York Nonprofit Corporation ($50k) and I Kada Dance Inc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $5,828 against liabilities of $0, net assets of $5,828.