Summit Players Theatre

Analysis

Summit Players Theatre is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 2016, 10 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 August 2023, Summit Players Theatre reported income of $78k and spending of $69k, spending 89% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $109k to $78k (-28%), an average of -28% a year. The sharpest change came in the year to August 2023, when income dropped by 28%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Summit Players Theatre sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within WI. Charities of a similar size with the same main cause include Rocky Mountain Swordplay Guild ($78k), Perry Band Boosters of Stark County Inc ($78k) and Hawai I Japanese Center ($78k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,536 against liabilities of $0, net assets of $8,536.