Cultural Park Theatre Inc

Analysis

Cultural Park Theatre Inc is a registered charity in United States, based in Cape Coral, FL. It received its IRS tax-exemption ruling in November 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 June 2023, Cultural Park Theatre Inc reported income of $273k and spending of $314k, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $281k to $273k (-3.0%), an average of -1.0% a year. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cultural Park Theatre 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 63rd percentile within FL. Charities of a similar size with the same main cause include American Artists Project ($273k), Chandler Childrens Choir Inc ($273k) and Pesvebi Inc ($273k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Other salaries and wages came to $129k. At year end it held assets of $38k against liabilities of $1,736, net assets of $36k. It reported 15 employees.