Falmouth Theater Guild Inc

Analysis

Falmouth Theater Guild Inc is a registered charity in United States, based in Falmouth, MA. It received its IRS tax-exemption ruling in February 1983, 43 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, Falmouth Theater Guild Inc reported income of $313k and spending of $243k, leaving 22% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $147k to $313k (+113%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 443%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Falmouth Theater Guild Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Marblehead Little Theatre Inc ($313k), Mining Foundation of the Southwest Inc ($313k) and Vivace Music Foundation ($313k).

On its Form 990 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 $205k against liabilities of $12k, net assets of $193k.