Turlock Community Theatre Inc

Analysis

Turlock Community Theatre Inc is a registered charity in United States, based in Turlock, CA. It received its IRS tax-exemption ruling in November 1986, 40 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 June 2024, Turlock Community Theatre Inc reported income of $900k and spending of $680k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $335k to $900k (+169%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Turlock Community Theatre Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Journey Arts ($900k), World of Wonders Science Museum Inc ($901k) and North Alabama Hockey Association Inc ($900k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $104k (15% of expenses). Other salaries and wages came to $5,004. At year end it held assets of $794k against liabilities of $190k, net assets of $604k. It reported 13 employees.