Harnett Regional Theatre Inc

Analysis

Harnett Regional Theatre Inc is a registered charity in United States, based in Dunn, NC. It received its IRS tax-exemption ruling in November 1977, 49 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, Harnett Regional Theatre Inc reported income of $144k and spending of $124k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $144k (+98%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Harnett Regional Theatre Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include New England Repertory Orchestra Inc ($144k), Friends of Krytyka ($144k) and Jewish Literary Foundation a New Jersey Nonprofit Corporation ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.