Belt Theater Company

Analysis

Belt Theater Company is a registered charity in United States, based in Belt, MT. It received its IRS tax-exemption ruling in August 1999, 27 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, Belt Theater Company reported income of $83k and spending of $110k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $83k (+72%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 138% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Belt Theater Company sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MT. Charities of a similar size with the same main cause include Ice House Museum & Cultural Center Inc ($83k), Glen Falls Operetta Club Inc ($83k) and The Pendleton Band Boosters Club ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.

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.