Theatre Guild of Rockingham County

Analysis

Theatre Guild of Rockingham County is a registered charity in United States, based in Reidsville, NC. It received its IRS tax-exemption ruling in October 1994, 32 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, Theatre Guild of Rockingham County reported income of $58k and spending of $63k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $75k to $58k (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre Guild of Rockingham County sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within NC. Charities of a similar size with the same main cause include Cantonese School of Greater Washington ($58k), Thai Cultural and Fine Arts Institute ($58k) and Double Ten Celebration Committee S F Bay Area ($58k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. It paid $945 in professional fundraising fees. At year end it held assets of $6,243 against liabilities of $0, net assets of $6,243.