San Luis Obispo Repertory Theatre

Analysis

San Luis Obispo Repertory Theatre is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in March 1970, 56 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 2023, San Luis Obispo Repertory Theatre reported income of $2.7m and spending of $1.4m, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.7m (+64%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 47% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Luis Obispo Repertory Theatre sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Theaterworks Inc ($2.7m), Historicorps ($2.7m) and Actors Theatre of Louisville Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $92k (6.4% of expenses). Other salaries and wages came to $227k. At year end it held assets of $6.1m against liabilities of $320k, net assets of $5.8m. It reported 19 employees.