Wisconsin Rapids Community Theatre Inc

Analysis

Wisconsin Rapids Community Theatre Inc is a registered charity in United States, based in Wisc Rapids, WI. It received its IRS tax-exemption ruling in October 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 2023, Wisconsin Rapids Community Theatre Inc reported income of $162k and spending of $170k, spending 105% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $154k to $162k (+5.6%), an average of +5.6% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wisconsin Rapids Community Theatre Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within WI. Charities of a similar size with the same main cause include German Cultural Society St Louis Mo ($162k), Society for the Arts Ltd ($162k) and Central School Project Inc ($162k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 33% of the total. At year end it held assets of $361k against liabilities of $1,890, net assets of $359k.