Garland Civic Theatre

Analysis

Garland Civic Theatre is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in April 1970, 56 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Garland Civic Theatre reported income of $121k and spending of $159k, spending 131% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $166k to $121k (-27%), an average of -7.6% a year. The sharpest change came in the year to May 2022, when income rose by 248%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Garland Civic Theatre sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Lute Society of America Inc ($121k), Ohio Veterans Memorial Park ($121k) and World Affairs Council of Palm Beach Inc ($121k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 39% and program service revenue 48% of the total. Other salaries and wages came to $18k. At year end it held assets of $189k against liabilities of $31k, net assets of $158k. It reported 1 employees.