Villages Musical Company

Analysis

Villages Musical Company is a registered charity in United States, based in The Villages, FL. It received its IRS tax-exemption ruling in February 2012, 14 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, Villages Musical Company reported income of $83k and spending of $73k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $83k (-3.2%), an average of -3.2% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Villages Musical Company sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Milam Community Theatre Incorporated ($83k), South Milwaukee Performing Arts Council Corporation ($83k) and Houston County Historical Society ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.