Davis Musical Theatre Company

Analysis

Davis Musical Theatre Company is a registered charity in United States, based in Davis, CA. It received its IRS tax-exemption ruling in September 1985, 41 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 August 2023, Davis Musical Theatre Company reported income of $429k and spending of $448k, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $399k to $429k (+7.6%), an average of +1.8% a year. The sharpest change came in the year to August 2022, when income rose by 64%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Davis Musical Theatre Company sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Long Island Maritime Museum ($429k), Fairfield County Childrens Choir Inc ($429k) and Islamic Academy of Youngstown Corp ($429k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $1.4m against liabilities of $514k, net assets of $839k.