Theatre Guild of Buchanan County

Analysis

Theatre Guild of Buchanan County is a registered charity in United States, based in Oakwood, VA. It received its IRS tax-exemption ruling in March 2016, 10 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 December 2023, Theatre Guild of Buchanan County reported income of $667k and spending of $195k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $667k (+280%), an average of +280% a year. The sharpest change came in the year to December 2023, when income rose by 280%. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre Guild of Buchanan County sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Rabbit Run Community Arts Association ($667k), New York City AIDS Memorial Inc ($667k) and Anaheim Ballet ($666k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $802k against liabilities of $1,001, net assets of $801k.