The Marionette Theater of South Carolina

Analysis

The Marionette Theater of South Carolina is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in January 1989, 37 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 June 2024, The Marionette Theater of South Carolina reported income of $281k and spending of $315k, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $272k to $281k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Marionette Theater of South Carolina sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within SC. Charities of a similar size with the same main cause include The Martin C Kauffman One Hundred Club of Alameda County ($281k), Rutherford County Humane Society Inc ($281k) and American Council on Consumer Interests Inc ($281k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $56k (18% of expenses). Other salaries and wages came to $119k. At year end it held assets of $186k against liabilities of $16k, net assets of $171k. It reported 10 employees.