Black Hills Community Theatre Inc

Analysis

Black Hills Community Theatre Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in February 1976, 50 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, Black Hills Community Theatre Inc reported income of $516k and spending of $495k, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $477k to $516k (+8.2%), an average of +1.6% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Black Hills Community Theatre Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within SD. Charities of a similar size with the same main cause include Harvard Gay & Lesbian Review Inc ($516k), Philippine Cultural Foundation Inc ($516k) and Idea Wild ($516k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 70% of the total. Other salaries and wages came to $202k. At year end it held assets of $367k against liabilities of $46k, net assets of $320k. It reported 12 employees.