Wichita Community Theater Inc

Analysis

Wichita Community Theater Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in September 1953, 73 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 2023, Wichita Community Theater Inc reported income of $69k and spending of $76k, spending 111% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $70k to $69k (-2.0%), an average of -2.0% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wichita Community Theater Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within KS. Charities of a similar size with the same main cause include Olive Tree Arts Network NFP ($69k), State of Oregon Sports Hall of Fame ($69k) and Norco High School Noteworthy Booster Club ($69k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $216k against liabilities of $0, net assets of $216k.