Theatre Atchison Inc

Analysis

Theatre Atchison Inc is a registered charity in United States, based in Atchison, KS. It received its IRS tax-exemption ruling in November 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Theatre Atchison Inc reported income of $904k and spending of $869k, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $969k to $904k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to August 2023, when income rose by 16%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Theatre Atchison Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within KS. Charities of a similar size with the same main cause include Jewish Burial Society of Pinellas County Inc ($904k), Mt Lebanon Montessori School Inc ($904k) and Cedar Lane Senior Living Community II Inc ($904k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 69% of the total. Other salaries and wages came to $325k. At year end it held assets of $2.4m against liabilities of $160k, net assets of $2.2m. It reported 36 employees.