City Theatre Company

Analysis

City Theatre Company is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 2018, 8 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, City Theatre Company reported income of $124k and spending of $105k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $124k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, City Theatre Company sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Epsilon Spires Inc ($124k), New Chaucer Society ($124k) and Alvin Museum Society ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.