Kalamazoo Civic Theatre Foundation

Analysis

Kalamazoo Civic Theatre Foundation is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in July 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Kalamazoo Civic Theatre Foundation reported income of $103k and spending of $78k, leaving 24% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $70k to $103k (+46%), an average of +13% a year. The sharpest change came in the year to May 2021, when income rose by 114%. Over the whole period it spent 180% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kalamazoo Civic Theatre Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include Corning Dances & Company ($103k), Tennessee Association for Behavior Analysis ($103k) and Friends of the Chappaqua Performing Arts Center Inc ($103k).

At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.