Nevada Theatre Commission

Analysis

Nevada Theatre Commission is a registered charity in United States, based in Nevada City, CA. It received its IRS tax-exemption ruling in September 1965, 61 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 June 2024, Nevada Theatre Commission reported income of $178k and spending of $176k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $117k to $178k (+51%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 628%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nevada Theatre Commission sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Greater Kent Historical Society ($178k), Frame of Mind Films Inc ($178k) and Ground Zero 360 Inc ($178k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 59% of the total. Other salaries and wages came to $83k. At year end it held assets of $512k against liabilities of $47k, net assets of $465k. It reported 2 employees.