Cottage Theatre

Analysis

Cottage Theatre is a registered charity in United States, based in Cottage Grove, OR. It received its IRS tax-exemption ruling in October 1983, 43 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, Cottage Theatre reported income of $627k and spending of $565k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $627k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cottage Theatre sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OR. Charities of a similar size with the same main cause include Museum of East Texas ($627k), Japanese Cultural Center of Hawaii ($627k) and Elastic Arts Foundation ($627k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $66k (12% of expenses). Other salaries and wages came to $71k. At year end it held assets of $4.0m against liabilities of $291k, net assets of $3.7m. It reported 21 employees.