Apollo Civic Theatre Inc

Analysis

Apollo Civic Theatre Inc is a registered charity in United States, based in Martinsburg, WV. 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 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, Apollo Civic Theatre Inc reported income of $867k and spending of $268k, leaving 69% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $188k to $867k (+362%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 425%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Apollo Civic Theatre Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within WV. Charities of a similar size with the same main cause include Great River Shakespeare Festival ($867k), Unicorn Theatre ($867k) and Lake George Opera Festival Association Inc ($867k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $804k against liabilities of $54k, net assets of $749k.