Whitefish Theatre Co

Analysis

Whitefish Theatre Co is a registered charity in United States, based in Whitefish, MT. It received its IRS tax-exemption ruling in July 1983, 43 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 August 2023, Whitefish Theatre Co reported income of $513k and spending of $576k, spending 112% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income grew from $380k to $513k (+35%), an average of +10% a year. The sharpest change came in the year to August 2022, when income rose by 42%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Whitefish Theatre Co sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MT. Charities of a similar size with the same main cause include Tobacco Road Incorporated ($513k), American Theatre Organ Society ($514k) and Fore Augusta Foundation Inc ($513k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 39% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $47k (8.1% of expenses). Other salaries and wages came to $204k. At year end it held assets of $1.9m against liabilities of $115k, net assets of $1.8m. It reported 13 employees.