Holly Theatre Community Center Inc

Analysis

Holly Theatre Community Center Inc is a registered charity in United States, based in Dahlonega, GA. It received its IRS tax-exemption ruling in March 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Holly Theatre Community Center Inc reported income of $634k and spending of $522k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $561k to $634k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Holly Theatre Community Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Painted Bride Art Center Inc ($633k), Peninsula Youth Orchestra ($634k) and Writers and Books Inc ($633k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 77% of the total. At year end it held assets of $1.2m against liabilities of $2,567, net assets of $1.2m.