Willits Community Theater Inc

Analysis

Willits Community Theater Inc is a registered charity in United States, based in Willits, CA. It received its IRS tax-exemption ruling in March 1995, 31 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, Willits Community Theater Inc reported income of $116k and spending of $128k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $116k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 128% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Willits Community Theater Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Friends of Pawnee Bill Ranch Association ($116k), Artstarts Company ($116k) and Florida State University Magnet Research and Development Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $130k against liabilities of $69k, net assets of $61k.