Carpinteria Community Theatre Inc

Analysis

Carpinteria Community Theatre Inc is a registered charity in United States, based in Carpinteria, CA. It received its IRS tax-exemption ruling in March 1982, 44 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 October 2023, Carpinteria Community Theatre Inc reported income of $186k and spending of $159k, spending 86% of its income. Across the 3 years on record, from October 2021 to October 2023, income grew from $118k to $186k (+57%), an average of +26% a year. The sharpest change came in the year to October 2022, when income rose by 97%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carpinteria Community Theatre Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Opera in Williamsburg Inc ($186k), Community Music Center ($186k) and Lesniak Institute for American Leadership Inc ($186k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 41% and program service revenue 54% of the total. At year end it held assets of $153k against liabilities of $1,468, net assets of $152k. It reported 1 employees.