Artists Collaborative Theatre Inc

Analysis

Artists Collaborative Theatre Inc is a registered charity in United States, based in Elkhorn City, KY. It received its IRS tax-exemption ruling in October 2001, 25 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, Artists Collaborative Theatre Inc reported income of $69k and spending of $74k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $69k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artists Collaborative Theatre Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within KY. Charities of a similar size with the same main cause include Centerville Concert Association ($69k), Sun Lakes Lions Foundation ($69k) and The Lucas County-Maumee Valley Historical Society ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $356k against liabilities of $39k, net assets of $317k.