Theatre 98 of Baldwin County Incorporated

Analysis

Theatre 98 of Baldwin County Incorporated is a registered charity in United States, based in Montrose, AL. It received its IRS tax-exemption ruling in August 1984, 42 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, Theatre 98 of Baldwin County Incorporated reported income of $118k and spending of $78k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $118k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre 98 of Baldwin County Incorporated 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 AL. Charities of a similar size with the same main cause include Gull Lake Area Robotics ($118k), Utsov Inc ($118k) and Texas Educational Theatre Association Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 93% of the total. At year end it held assets of $309k against liabilities of $410, net assets of $309k.