Aiken Community Theatre Inc

Analysis

Aiken Community Theatre Inc is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in July 1964, 62 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, Aiken Community Theatre Inc reported income of $172k and spending of $188k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $274k to $172k (-37%), an average of -8.9% a year. The sharpest change came in the year to June 2022, when income rose by 137%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aiken Community Theatre Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 56th percentile within SC. Charities of a similar size with the same main cause include Chelsea Music Festival Corporation ($172k), Classical Music Festival Eisenstadter Sommerakademie ($172k) and Frederick Douglass Familyfoundation Inc ($172k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 84% of the total. At year end it held assets of $277k against liabilities of $8,934, net assets of $268k.