Theatre Guild of Elk City

Analysis

Theatre Guild of Elk City is a registered charity in United States, based in Elk City, OK. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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 Guild of Elk City reported income of $52k and spending of $50k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $52k (+5.7%), an average of +5.7% a year. Over the whole period it spent 138% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Theatre Guild of Elk City sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within OK. Charities of a similar size with the same main cause include Veterans Time to Thrive Inc ($52k), Holy Trinity Drive Land Corporation ($52k) and Historic Deadwood Lead Arts Council ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. At year end it held assets of $72k against liabilities of $1,322, net assets of $70k.