Smokestack Theatre Company

Analysis

Smokestack Theatre Company is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, Smokestack Theatre Company reported income of $117k and spending of $106k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $117k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Smokestack Theatre Company sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within VA. Charities of a similar size with the same main cause include Rock Rising Productions ($117k), Island Angels Ltd ($117k) and New Camerata Opera Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $150k against liabilities of $110k, net assets of $40k.