Rees Theatre Inc

Analysis

Rees Theatre Inc is a registered charity in United States, based in Plymouth, IN. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Rees Theatre Inc reported income of $416k and spending of $369k, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $643k to $416k (-35%), an average of -8.3% a year. The sharpest change came in the year to December 2021, when income rose by 213%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rees Theatre Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Junior League of Baton Rouge Inc ($416k), African-American Resource Center at Booker ($417k) and Center for Advocacy Research & Education of Connecticut Inc ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 51% of the total. Other salaries and wages came to $97k. At year end it held assets of $4.4m against liabilities of $501k, net assets of $3.9m. It reported 20 employees.