Cherokee Civic Theatre Inc

Analysis

Cherokee Civic Theatre Inc is a registered charity in United States, based in Rusk, TX. It received its IRS tax-exemption ruling in March 1980, 46 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 May 2024, Cherokee Civic Theatre Inc reported income of $57k and spending of $52k, spending 91% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $42k to $57k (+35%), an average of +7.7% a year. The sharpest change came in the year to May 2023, when income rose by 81%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cherokee Civic Theatre Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Create Peace Project ($57k), Youth Arts New York Inc ($57k) and The Ridgewood Art Institute Inc ($57k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 54% and program service revenue 45% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.