Panida Theater Committee Inc

Analysis

Panida Theater Committee Inc is a registered charity in United States, based in Sandpoint, ID. It received its IRS tax-exemption ruling in September 1985, 41 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 July 2024, Panida Theater Committee Inc reported income of $450k and spending of $287k, leaving 36% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $213k to $450k (+111%), an average of +16% a year. The sharpest change came in the year to July 2023, when income rose by 85%. 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, Panida Theater Committee Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within ID. Charities of a similar size with the same main cause include Theatre Experience of Southern California ($450k), Very Merry Theatre ($451k) and The Peoples Nonprofit Accelerator ($450k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 65% and program service revenue 23% of the total. Other salaries and wages came to $125k. At year end it held assets of $1.2m against liabilities of $17k, net assets of $1.2m. It reported 7 employees.