Waxahachie Community Theater Inc

Analysis

Waxahachie Community Theater Inc is a registered charity in United States, based in Waxahachie, TX. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Waxahachie Community Theater Inc reported income of $87k and spending of $94k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $87k (+12%), an average of +12% a year. 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, Waxahachie Community Theater Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Leflore County Historical Society Inc ($87k), Center Stage Childrens Theater ($87k) and Georgia Childrens Chorus Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 45% of the total. At year end it held assets of $43k against liabilities of $10k, net assets of $33k.