Cutter Theatre

Analysis

Cutter Theatre is a registered charity in United States, based in Metaline Falls, WA. It received its IRS tax-exemption ruling in December 1989, 37 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, Cutter Theatre reported income of $176k and spending of $178k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $218k to $176k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income rose by 204%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cutter Theatre sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Expressiones Cultural Center Inc ($176k), American Friends of English National Opera Inc ($176k) and Olympia Little Theatre ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $70k (39% of expenses). At year end it held assets of $786k against liabilities of $0, net assets of $786k. It reported 4 employees.