Rialto Community Theater Inc

Analysis

Rialto Community Theater Inc is a registered charity in United States, based in Deer Lodge, MT. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Rialto Community Theater Inc reported income of $59k and spending of $160k, spending 269% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $100k to $59k (-40%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 228% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rialto Community Theater Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within MT. Charities of a similar size with the same main cause include Quail Valley Proud ($59k), Quitman County Economic Tourism & Development Inc ($60k) and Westcamp Inc ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. Other salaries and wages came to $7,292. At year end it held assets of $2.8m against liabilities of -$124, net assets of $2.8m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.