Three Rivers Music Theatre Co

Analysis

Three Rivers Music Theatre Co is a registered charity in United States, based in Fort Wayne, IN. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Three Rivers Music Theatre Co reported income of $120k and spending of $120k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $92k to $120k (+30%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Three Rivers Music Theatre Co sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Bath Music Association ($120k), Brooklyn Film Center Inc ($120k) and Kings and Clowns Inc ($120k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.