Social Circle Theatre and Arts Council Inc

Analysis

Social Circle Theatre and Arts Council Inc is a registered charity in United States, based in Social Circle, GA. It received its IRS tax-exemption ruling in August 2000, 26 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 December 2023, Social Circle Theatre and Arts Council Inc reported income of $272k and spending of $240k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $272k (+85%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Social Circle Theatre and Arts Council Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Stageworks on the Hudson ($272k), Kitchen Dog Theater Company ($272k) and Westerlies Music Inc ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 18% of the total. Other salaries and wages came to $100k. At year end it held assets of $585k against liabilities of $4,122, net assets of $581k. It reported 2 employees.