Temple Civic Theater

Analysis

Temple Civic Theater is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in May 1970, 56 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 August 2023, Temple Civic Theater reported income of $305k and spending of $329k, spending 108% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $222k to $305k (+37%), an average of +8.3% a year. The sharpest change came in the year to August 2021, when income rose by 45%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Temple Civic Theater sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Harlan Christian Church Inc ($305k), Goshen Historical Society Inc ($305k) and Human Milk Banking Association of North America ($305k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Other salaries and wages came to $141k. At year end it held assets of $502k against liabilities of $47k, net assets of $454k. It reported 3 employees.