AArts, Culture & HumanitiesEIN: 756003774· Ruling Year: 1947

Midland Community Theatre Inc

Midland, Texas

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.15×
Peer Median210.95×
💰
$3.7M
Total Revenue
📊
$2.7M
Total Expenses
🏦
$11.3M
Net Assets
📋
$872K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-42.6%
Year-over-year change (2022 → 2023)
Net Margin
+27.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.15
Net assets divided by total expenses
Liabilities-to-Assets
7.2%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$3,741,51943%$2,729,0347%$12,191,95811%
2022$6,519,40843%$2,540,37326%$10,974,54058%
2021$4,564,98699%$2,012,86112%$6,948,37070%
2020$2,293,4826%$1,793,96424%$4,085,31310%
2019$2,170,9361%$2,359,0575%$3,715,7671%
2018$2,187,6472%$2,257,07216%$3,768,01958%
2017$2,235,87412%$1,940,8711%$9,056,05711%
2016$2,002,18616%$1,968,1351%$8,145,9303%
2015$2,383,5851%$1,995,1801%$7,936,1932%
2014$2,398,82923%$1,971,86813%$7,743,3237%
2013$3,113,09794%$1,751,1564%$7,207,60333%
2012$1,601,19113%$1,691,8531%$5,438,2835%
2011$1,840,41923%$1,677,7744%$5,159,2953%
2010$1,492,202$1,613,212$4,996,650

Frequently Asked Questions

What does Midland Community Theatre Inc do?

Midland Community Theatre Inc is a arts, culture & humanities nonprofit organization based in Texas. It is classified under NTEE code A65Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Midland Community Theatre Inc financially healthy?

Based on our 9-metric Financial Health Score model, Midland Community Theatre Inc has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Midland Community Theatre Inc generate?

Midland Community Theatre Inc reports $3.3M in annual revenue and holds $12.6M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Arts, Culture & Humanities category, or browse all nonprofits in Texas.