Henderson Civic Theatre Inc

Analysis

Henderson Civic Theatre Inc is a registered charity in United States, based in Henderson, TX. It received its IRS tax-exemption ruling in March 1988, 38 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 July 2023, Henderson Civic Theatre Inc reported income of $91k and spending of $77k, spending 85% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $117k to $91k (-22%), an average of -6.1% a year. The sharpest change came in the year to July 2021, when income rose by 49%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Henderson Civic Theatre Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Desoto County Chamber of Commerce Foundation Inc ($91k), Glen Echo Historic District Preservation Foundation ($91k) and Alder Creek Pioneer Association ($91k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. At year end it held assets of $965k against liabilities of $0, net assets of $965k.