Bay Community Theatre Organization

Analysis

Bay Community Theatre Organization is a registered charity in United States, based in Suttons Bay, MI. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bay Community Theatre Organization reported income of $351k and spending of $283k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $391k to $351k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bay Community Theatre Organization sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Cathedral Heritage Foundation ($351k), American Asian Performing Arts Theatre ($351k) and Cincinnati Boychoir Inc ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $73k (26% of expenses). At year end it held assets of $1.2m against liabilities of $461k, net assets of $749k.