Goshen Theater Inc

Analysis

Goshen Theater Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in May 2014, 12 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, Goshen Theater Inc reported income of $545k and spending of $744k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $545k (-58%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 53%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Goshen Theater Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Lake Pontchartrain Basin Maritime Museum Inc ($545k), National a Philip Randolph Pullman Porter Museum Inc ($545k) and Skylight Theatre Company ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. Other salaries and wages came to $235k. At year end it held assets of $5.2m against liabilities of $249k, net assets of $4.9m. It reported 4 employees.