Great Plains Theatre Commons

Analysis

Great Plains Theatre Commons is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 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, Great Plains Theatre Commons reported income of $682k and spending of $611k, spending 90% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $429k to $682k (+59%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Great Plains Theatre Commons sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within NE. Charities of a similar size with the same main cause include Howard County Chinese School Inc ($682k), Duluth Ballet Inc ($682k) and Competitive Dreams of Youth in the Carolinas ($682k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Other salaries and wages came to $229k. At year end it held assets of $262k against liabilities of $26k, net assets of $236k. It reported 5 employees.