Sioux Empire Community Theatre Inc

Analysis

Sioux Empire Community Theatre Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in September 2004, 22 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 June 2023, Sioux Empire Community Theatre Inc reported income of $593k and spending of $705k, spending 119% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $330k to $593k (+80%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 99%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sioux Empire Community Theatre Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within SD. Charities of a similar size with the same main cause include Monterey County Youth Museum ($592k), John Boyle Oreilly Club of Springfield Inc ($593k) and Historic Fox Theatre Restorations ($592k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $202k. At year end it held assets of $517k against liabilities of $250k, net assets of $267k. It reported 7 employees.