Sands Theater Center Inc

Analysis

Sands Theater Center Inc is a registered charity in United States, based in Deland, FL. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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 September 2023, Sands Theater Center Inc reported income of $2.2m and spending of $1.9m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $2.2m (+66%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 71%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sands Theater Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Well Child Conference of Elgin ($2.2m), Upshur Human Resources Inc ($2.2m) and Eden South County Inc ($2.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Other salaries and wages came to $600k. At year end it held assets of $4.2m against liabilities of $305k, net assets of $3.9m. It reported 80 employees.