The Plaza Theatre Inc

Analysis

The Plaza Theatre Inc is a registered charity in United States, based in Wharton, TX. It received its IRS tax-exemption ruling in January 1991, 35 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 September 2023, The Plaza Theatre Inc reported income of $186k and spending of $269k, spending 145% of what it took in. Across the 3 years on record, from September 2020 to September 2023, income grew from $161k to $186k (+15%), an average of +7.4% a year. The sharpest change came in the year to September 2022, when income rose by 71%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Plaza Theatre Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Firefish Arts Inc ($186k), Pueblo Medal of Honor Memorial Foundation ($186k) and Black Earth Childrens Museum Inc ($186k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 12% and program service revenue 50% of the total. Other salaries and wages came to $44k. At year end it held assets of $1.9m against liabilities of $356k, net assets of $1.6m. It reported 3 employees.