Historic West Bend Theatre

Analysis

Historic West Bend Theatre is a registered charity in United States, based in West Bend, WI. It received its IRS tax-exemption ruling in February 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 (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, Historic West Bend Theatre reported income of $838k and spending of $841k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $645k to $838k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 157%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic West Bend Theatre sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Jefferson Center for Learning & the Arts ($838k), Center for Maine Contemporary Art ($838k) and Gallim Dance Company Inc ($838k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $16k (1.9% of expenses). Other salaries and wages came to $491k. At year end it held assets of $4.4m against liabilities of $855k, net assets of $3.6m. It reported 24 employees.