Friends of the West Shore Theatre Inc

Analysis

Friends of the West Shore Theatre Inc is a registered charity in United States, based in New Cumberlnd, PA. It received its IRS tax-exemption ruling in February 2020, 6 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 June 2023, Friends of the West Shore Theatre Inc reported income of $1.1m and spending of $738k, leaving 30% of income unspent that year. Across the 4 years on record, from June 2018 to June 2023, income grew from $277k to $1.1m (+279%), an average of +56% a year. The sharpest change came in the year to June 2022, when income rose by 244%. Over the whole period it spent 41% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the West Shore Theatre Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Sweetwater Art Center ($1.1m), McAuliffe-Shepard Discovery Center Corporation ($1.1m) and Middle East Studies Assoc of North ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $74k (10% of expenses). Other salaries and wages came to $60k. At year end it held assets of $3.2m against liabilities of $1.6m, net assets of $1.6m. It reported 8 employees.