Depot Theater Inc

Analysis

Depot Theater Inc is a registered charity in United States, based in Dodge City, KS. It received its IRS tax-exemption ruling in October 1994, 32 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Depot Theater Inc reported income of $327k and spending of $340k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $407k to $327k (-20%), an average of -5.3% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Depot Theater Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within KS. Charities of a similar size with the same main cause include Divine Dance Institute Inc ($327k), Encore Chamber Music Institute ($327k) and Orange County Fire Services Association ($327k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Other salaries and wages came to $56k. At year end it held assets of $354k against liabilities of $8,265, net assets of $346k. It reported 3 employees.