Augusta Mini Theatre Inc

Analysis

Augusta Mini Theatre Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in December 1976, 50 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, Augusta Mini Theatre Inc reported income of $501k and spending of $483k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $183k to $501k (+173%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Augusta Mini Theatre Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Hope Alive Incorporated ($500k), Edge Motor Museum Inc ($501k) and Coronado Island Film Festival ($500k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $32k (6.6% of expenses). Other salaries and wages came to $216k. At year end it held assets of $1.9m against liabilities of $28k, net assets of $1.9m. It reported 11 employees.