Ascension Community Theater Inc

Analysis

Ascension Community Theater Inc is a registered charity in United States, based in Gonzales, LA. It received its IRS tax-exemption ruling in March 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, Ascension Community Theater Inc reported income of $211k and spending of $269k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $155k to $211k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 123% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ascension Community Theater Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within LA. Charities of a similar size with the same main cause include Bavarian Blast ($211k), Alonso High School Band Boosters Inc ($211k) and Palm Desert High School Band Boosters Inc ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $438k against liabilities of $34k, net assets of $404k.