Ross Ragland Theatre

Analysis

Ross Ragland Theatre is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in January 1994, 32 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 August 2022, Ross Ragland Theatre reported income of $1.5m and spending of $1.2m, spending 82% of its income. Across the 6 years on record, from July 2018 to August 2022, income grew from $1.2m to $1.5m (+20%), an average of +3.8% a year. The sharpest change came in the year to August 2021, when income rose by 154%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ross Ragland Theatre sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OR. Charities of a similar size with the same main cause include Foundation for American Content and Entertainment ($1.5m), Society of Architectural Historians ($1.5m) and National Museum of Industrial History ($1.5m).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $521k. At year end it held assets of $3.1m against liabilities of $739k, net assets of $2.4m. It reported 56 employees.