Coronado Community Theatre Inc

Analysis

Coronado Community Theatre Inc is a registered charity in United States, based in Coronado, CA. It received its IRS tax-exemption ruling in September 2014, 12 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, Coronado Community Theatre Inc reported income of $274k and spending of $288k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $274k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Coronado Community Theatre Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Cascades Carnivore Project ($274k), High Point Community Theatre Inc ($274k) and Ohnward Fine Arts Center ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. Other salaries and wages came to $29k. At year end it held assets of $84k against liabilities of $0, net assets of $84k. It reported 3 employees.