Santa Monica Theatre Guild

Analysis

Santa Monica Theatre Guild is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in September 1961, 65 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, Santa Monica Theatre Guild reported income of $391k and spending of $298k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $391k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Monica Theatre Guild sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Abington Art Center Inc ($391k), American Friends of Grange Park Opera Foundation ($391k) and Bangladesh Institute of Performing Arts Inc ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Other salaries and wages came to $14k. At year end it held assets of $491k against liabilities of $197k, net assets of $294k. It reported 1 employees.