Coaster Theater Productions

Analysis

Coaster Theater Productions is a registered charity in United States, based in Cannon Beach, OR. It received its IRS tax-exemption ruling in May 2002, 24 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 December 2023, Coaster Theater Productions reported income of $609k and spending of $619k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $389k to $609k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Coaster Theater Productions 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 73rd percentile within OR. Charities of a similar size with the same main cause include Orcas Island Chamber Music Festival ($609k), Southwest Celtic Music Association ($609k) and The Spacekind Foundation ($609k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $98k (16% of expenses). Other salaries and wages came to $69k. At year end it held assets of $933k against liabilities of $725k, net assets of $208k. It reported 4 employees.