Catalyst Theater Company

Analysis

Catalyst Theater Company is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in February 2023, 3 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 2024, Catalyst Theater Company reported income of $81k and spending of $85k, spending 105% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $8,947 to $81k (+801%), an average of +801% a year. The sharpest change came in the year to June 2024, when income rose by 801%. Over the whole period it spent 129% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Catalyst Theater Company sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 26th percentile within SD. Charities of a similar size with the same main cause include Ambassadors International Ballet Folklorico Inc ($81k), Paris Center of Fine Arts ($81k) and Fox River Valley Hound Heritage Foundation ($81k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 56% of the total. At year end it held assets of $24k against liabilities of $50k, net assets of -$26k.