Kincaid Regional Theatre Company

Analysis

Kincaid Regional Theatre Company is a registered charity in United States, based in Falmouth, KY. It received its IRS tax-exemption ruling in March 2022, 4 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, Kincaid Regional Theatre Company reported income of $119k and spending of $94k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $119k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kincaid Regional Theatre Company sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within KY. Charities of a similar size with the same main cause include San Diego Opera Association Endowment TR ($119k), Brandon Ballet Inc ($119k) and David Davis Mansion Foundation ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 59% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.