Showtimers of Roanoke Valley Inc Showtimers

Analysis

Showtimers of Roanoke Valley Inc Showtimers is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in February 2014, 12 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 December 2023, Showtimers of Roanoke Valley Inc Showtimers reported income of $74k and spending of $121k, spending 163% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $22k to $74k (+231%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 169% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Showtimers of Roanoke Valley Inc Showtimers sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include Jack Oconnor Hunting Heritage and Education Center Inc ($74k), Miami Beach Arts Trust Inc ($74k) and Arlington Gem and Mineral Club ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $32k (27% of expenses). At year end it held assets of $327k against liabilities of $3,555, net assets of $323k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.