Greenville Theatre

Analysis

Greenville Theatre is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in October 1949, 77 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, Greenville Theatre reported income of $1.5m and spending of $1.7m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.5m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 261%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greenville Theatre sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within SC. Charities of a similar size with the same main cause include Cleveland Restoration Society Inc ($1.5m), Jewish Womens Archive Inc ($1.5m) and Latino Donor Collaborative Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $100k (5.9% of expenses). Other salaries and wages came to $512k. At year end it held assets of $1.1m against liabilities of $515k, net assets of $594k. It reported 20 employees.