Thomasville Entertainment Foundation Inc

Analysis

Thomasville Entertainment Foundation Inc is a registered charity in United States, based in Thomasville, GA. It received its IRS tax-exemption ruling in March 1968, 58 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 April 2023, Thomasville Entertainment Foundation Inc reported income of $350k and spending of $323k, spending 92% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $272k to $350k (+28%), an average of +6.4% a year. The sharpest change came in the year to April 2022, when income rose by 24%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thomasville Entertainment Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include NCRT Inc ($350k), Opera on the James ($350k) and The Claremont Forum ($350k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $54k (17% of expenses). At year end it held assets of $555k against liabilities of $56k, net assets of $498k. It reported 2 employees.