Canyon Theatre Guild

Analysis

Canyon Theatre Guild is a registered charity in United States, based in Newhall, CA. It received its IRS tax-exemption ruling in July 1986, 40 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, Canyon Theatre Guild reported income of $621k and spending of $619k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $703k to $621k (-12%), an average of -3.0% a year. The sharpest change came in the year to June 2022, when income rose by 138%. 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, Canyon Theatre Guild sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Lost in New Haven Inc ($621k), El Sistema Oklahoma Inc ($621k) and Sound View Community Media Inc ($621k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.8% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $87k (14% of expenses). Other salaries and wages came to $143k. At year end it held assets of $1.3m against liabilities of $374k, net assets of $956k. It reported 20 employees.