Fayette County Community Theatre

Analysis

Fayette County Community Theatre is a registered charity in United States, based in LA Grange, TX. It received its IRS tax-exemption ruling in March 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, Fayette County Community Theatre reported income of $74k and spending of $71k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $74k (-12%), an average of -12% a year. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fayette County Community Theatre sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Porterville Historical Museum ($74k), Massive Analysis and Quality Control Society ($74k) and Central Ohio Bengali Cultural Association ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.