Valley Theater

Analysis

Valley Theater is a registered charity in United States, based in Prosser, WA. It received its IRS tax-exemption ruling in March 1962, 64 years ago. 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 May 2024, Valley Theater reported income of $212k and spending of $263k, spending 124% of what it took in. Across the 5 years on record, from May 2019 to May 2024, income fell from $240k to $212k (-12%), an average of -3.1% a year. The sharpest change came in the year to May 2022, when income rose by 251%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley Theater sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within WA. Charities of a similar size with the same main cause include Richland Area Band Boosters ($212k), Spring Lake Public Schools Foundation ($212k) and Halifax Hospital Medical Center Auxiliary Inc ($212k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 51% and program service revenue 29% of the total. Other salaries and wages came to $49k. At year end it held assets of $437k against liabilities of $0, net assets of $437k. It reported 4 employees.