Core Theatre

Analysis

Core Theatre is a registered charity in United States, based in Wylie, TX. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Core Theatre reported income of $115k and spending of $114k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $115k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 127% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Core Theatre sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Wisconsin Educational Media Association Inc ($115k), Mispillion Art League Inc ($115k) and Seattle Wind Symphony ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 41% of the total. At year end it held assets of $1,785 against liabilities of $51k, net assets of -$50k.