Olathe Civic Theatre Association

Analysis

Olathe Civic Theatre Association is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in June 1977, 49 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, Olathe Civic Theatre Association reported income of $74k and spending of $81k, spending 110% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $73k to $74k (+0.8%), an average of +0.8% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Olathe Civic Theatre Association sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within KS. Charities of a similar size with the same main cause include London Museum ($74k), Harvard Cultural Collaborative ($74k) and Imagine Productions of Columbus Inc ($74k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $273k against liabilities of $0, net assets of $273k.