Renton Civic Theatre

Analysis

Renton Civic Theatre is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in May 1992, 34 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 May 2023, Renton Civic Theatre reported income of $384k and spending of $313k, spending 82% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $743k to $384k (-48%), an average of -15% a year. The sharpest change came in the year to May 2022, when income rose by 90%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Renton Civic Theatre sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Williamsburg Players Inc ($384k), Chamber Music Center of New York Inc ($385k) and Research Collaboratory at Asu ($384k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $383k against liabilities of $410k, net assets of -$27k.