San Angelo Civic Theatre

Analysis

San Angelo Civic Theatre is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in October 1956, 70 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 June 2023, San Angelo Civic Theatre reported income of $250k and spending of $256k, spending 102% of its income. Across the 2 years on record, from June 2021 to June 2023, income grew from $242k to $250k (+3.7%), an average of +3.7% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Angelo Civic Theatre sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Little League Baseball Inc ($250k), MCH Auxiliary Thrift Shop Inc ($250k) and Arc of St Mary ($250k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $44k (17% of expenses). Other salaries and wages came to $45k. At year end it held assets of $459k against liabilities of $111k, net assets of $348k. It reported 5 employees.