Aspire Community Theatre Inc

Analysis

Aspire Community Theatre Inc is a registered charity in United States, based in Hayden, ID. It received its IRS tax-exemption ruling in January 2017, 9 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, Aspire Community Theatre Inc reported income of $191k and spending of $191k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $138k to $191k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aspire Community Theatre Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within ID. Charities of a similar size with the same main cause include Patrons of the Centre Inc ($191k), Hui O Wa a Kaulua ($191k) and Musical Empowerment Inc ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.