Community Theatre Inc

Analysis

Community Theatre Inc is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in October 1974, 52 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, Community Theatre Inc reported income of $152k and spending of $182k, spending 120% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $202k to $152k (-25%), an average of -25% a year. The sharpest change came in the year to June 2023, when income dropped by 25%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Theatre Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include Mansfield Community Playhouse Inc ($152k), Contact Arts ($152k) and Ankeny Area Historical Society ($152k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 6.9% and program service revenue 81% of the total. At year end it held assets of $400k against liabilities of $0, net assets of $400k.