High Point Community Theatre Inc

Analysis

High Point Community Theatre Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in January 1977, 49 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 2024, High Point Community Theatre Inc reported income of $274k and spending of $221k, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $208k to $274k (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, High Point Community Theatre Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Coronado Community Theatre Inc ($274k), Aapi of Queens and Long Island Inc ($274k) and Cascades Carnivore Project ($274k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.