Encore Musicals of Owensboro Inc

Analysis

Encore Musicals of Owensboro Inc is a registered charity in United States, based in Utica, KY. It received its IRS tax-exemption ruling in April 2018, 8 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, Encore Musicals of Owensboro Inc reported income of $89k and spending of $110k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $89k (-11%), an average of -11% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Encore Musicals of Owensboro Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within KY. Charities of a similar size with the same main cause include Sammons Center Endowment Corp ($89k), GSJ Family Life Center ($89k) and Trillium Arts ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.