State Theatre for the Arts

Analysis

State Theatre for the Arts is a registered charity in United States, based in Red Bluff, CA. It received its IRS tax-exemption ruling in June 2001, 25 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, State Theatre for the Arts reported income of $420k and spending of $426k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $394k to $420k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, State Theatre for the Arts sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Cedar Rapids Freedom Festival Inc ($420k), American-Italian Renaissance Foundation ($421k) and Talea Ensemble Incorporated ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 52% of the total. At year end it held assets of $1.7m against liabilities of $770, net assets of $1.7m.