Gowandas Historic Hollywood Theatre Ltd

Analysis

Gowandas Historic Hollywood Theatre Ltd is a registered charity in United States, based in Gowanda, NY. It received its IRS tax-exemption ruling in March 2003, 23 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 March 2024, Gowandas Historic Hollywood Theatre Ltd reported income of $269k and spending of $199k, leaving 26% of income unspent that year. Across the 4 years on record, from March 2020 to March 2024, income fell from $1.1m to $269k (-75%), an average of -37% a year. The sharpest change came in the year to March 2021, when income dropped by 83%. Over the whole period it spent 23% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gowandas Historic Hollywood Theatre Ltd sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Rural Sociological Society ($269k), Mesa Verde Foundation ($269k) and Mexican Cultural Institute ($269k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 76% and program service revenue 5.8% of the total. Other salaries and wages came to $16k. At year end it held assets of $5.4m against liabilities of $44k, net assets of $5.3m. It reported 1 employees.