Columbia Center for Theatrical Arts Inc

Analysis

Columbia Center for Theatrical Arts Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in November 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Columbia Center for Theatrical Arts Inc reported income of $522k and spending of $636k, spending 122% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $518k to $522k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to September 2021, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbia Center for Theatrical Arts Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Mendocino Art Center Inc ($522k), Association of Ramaytush Ohlone ($522k) and Society of Plastics Engineers ($522k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Other salaries and wages came to $303k. At year end it held assets of $364k against liabilities of $96k, net assets of $268k. It reported 46 employees.