Spokane Civic Theatre Inc

Analysis

Spokane Civic Theatre Inc is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in January 1949, 77 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 June 2023, Spokane Civic Theatre Inc reported income of $1.2m and spending of $1.3m, spending 112% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income grew from $1.1m to $1.2m (+12%), an average of +2.3% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spokane Civic Theatre Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Omaha by Design ($1.2m), Shelby American Collection ($1.2m) and Historic Hampton House Community Trust Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Other salaries and wages came to $497k. At year end it held assets of $1.1m against liabilities of $850k, net assets of $203k. It reported 26 employees.