Victoria Community Theatre Inc

Analysis

Victoria Community Theatre Inc is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in May 1983, 43 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, Victoria Community Theatre Inc reported income of $337k and spending of $326k, spending 97% of its income. Across the 6 years on record, from August 2019 to December 2023, income fell from $370k to $337k (-8.8%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income rose by 247%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Victoria Community Theatre Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Rome Chamber Music Festival at Villa Aurelia Inc ($337k), ZTP ($337k) and Theatre Puget Sound ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Other salaries and wages came to $81k. At year end it held assets of $6,567 against liabilities of $30k, net assets of -$24k. It reported 2 employees.