Annapolis Summer Garden Theatre Inc

Analysis

Annapolis Summer Garden Theatre Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in April 1968, 58 years ago. 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 December 2023, Annapolis Summer Garden Theatre Inc reported income of $275k and spending of $222k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $275k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Annapolis Summer Garden Theatre Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Austen Manor ($275k), Kinship Center ($275k) and Sherrill Fire Protection Association ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 67% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.