Volcano Theatre Company

Analysis

Volcano Theatre Company is a registered charity in United States, based in Volcano, CA. It received its IRS tax-exemption ruling in November 1976, 50 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, Volcano Theatre Company reported income of $77k and spending of $79k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $77k (-13%), an average of -13% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Volcano Theatre Company sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Community Jams Inc ($77k), Reut Miami Inc ($77k) and Aquatic Mammals ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 70% of the total. At year end it held assets of $252k against liabilities of $1,733, net assets of $251k.