Amelia Community Theatre Association Inc

Analysis

Amelia Community Theatre Association Inc is a registered charity in United States, based in Fern BCH, FL. It received its IRS tax-exemption ruling in February 1982, 44 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, Amelia Community Theatre Association Inc reported income of $351k and spending of $382k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $424k to $351k (-17%), an average of -4.6% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amelia Community Theatre Association Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Ketchikan Area Arts and Humanities Council Inc ($351k), Winner Pix Theater Inc ($351k) and Charleston Ballet Inc ($351k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $104k. At year end it held assets of $1.7m against liabilities of $184k, net assets of $1.5m. It reported 4 employees.