Arena Theater Association

Analysis

Arena Theater Association is a registered charity in United States, based in Point Arena, CA. It received its IRS tax-exemption ruling in March 1987, 39 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 April 2023, Arena Theater Association reported income of $253k and spending of $265k, spending 105% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $456k to $253k (-44%), an average of -14% a year. The sharpest change came in the year to April 2022, when income rose by 89%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arena Theater Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Vero Beach Art Club Inc ($253k), Screamfest Horror Film Festival ($253k) and San Luis Obispo Master Chorale ($253k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 37% and program service revenue 48% of the total. Other salaries and wages came to $92k. At year end it held assets of $589k against liabilities of $26k, net assets of $563k. It reported 10 employees.