Fort Stockton Community Theatre Inc

Analysis

Fort Stockton Community Theatre Inc is a registered charity in United States, based in Fort Stockton, TX. It received its IRS tax-exemption ruling in December 1983, 43 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 December 2023, Fort Stockton Community Theatre Inc reported income of $146k and spending of $204k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $146k (-88%), an average of -41% a year. The sharpest change came in the year to December 2020, when income dropped by 68%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Stockton Community Theatre Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Bell Township Volunteer Fire Department ($146k), Castro Valley Educational Foundation ($146k) and Foundation of the Association of Energy Engineers Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 23% of the total. At year end it held assets of $2.1m against liabilities of $2,890, net assets of $2.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.