Poncan Theatre Company Inc

Analysis

Poncan Theatre Company Inc is a registered charity in United States, based in Ponca City, OK. It received its IRS tax-exemption ruling in July 1989, 37 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, Poncan Theatre Company Inc reported income of $483k and spending of $387k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $483k (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Poncan Theatre Company Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OK. Charities of a similar size with the same main cause include Mount Airy Museum of Regional History Inc ($482k), Friends of Science East Inc ($483k) and Hudson River School of Music Inc ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $36k (9.4% of expenses). Other salaries and wages came to $37k. At year end it held assets of $1.1m against liabilities of $65k, net assets of $1.0m. It reported 14 employees.