Williamston Theatre

Analysis

Williamston Theatre is a registered charity in United States, based in Williamston, MI. It received its IRS tax-exemption ruling in March 2005, 21 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 August 2023, Williamston Theatre reported income of $577k and spending of $672k, spending 116% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $632k to $577k (-8.6%), an average of -2.2% a year. The sharpest change came in the year to August 2022, when income rose by 32%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Williamston Theatre sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Africatown Redevelopment Corporation ($577k), Patchogue Arts Council Inc ($577k) and Center for Native Futures ($577k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $314k. At year end it held assets of $979k against liabilities of $111k, net assets of $868k. It reported 18 employees.