Greenwood Community Theatre Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
GREENWOOD COMMUNITY THEATRE ASPIRES TO ENRICH THE COMMUNITY BY CREATING AND FOSTERING PROFESSIONALISM AND DIVERSITY IN ALL ITS THEATRICAL ENDEAVORS AND EXPERIENCES.
- Income
- $504,208
- Spending
- $482,604
- Spent on programs
- 82%
- Reserves
- 8.8 months of spending
- Largest source of income
- fees for its services, 60%
- Employees
- 4
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 78% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 8.8 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 4% of income.
Income trend
15 of 15Income rose 22% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 59 out of 100. Higher than 28% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $320,618 spent. GREENWOOD COMMUNITY THEATRE SERVES A RURAL COUNTY OF OVER 60,000 PEOPLE AND PROVIDES ENTERTAINMENT AND PROGRAMMING ALONG A BROAD CULTURAL SPECTRUM. THIS ENTERTAINMENT INCLUDES CONCERTS, PLAYS, MUSICALS, AND OTHER SIMILAR PRODUCTIONS. ALL AUDITIONS ARE OPEN TO THE GENERAL PUBLIC.
- $40,124 spent. WITH THE HELP OF MULTIPLE GRANTS AND CONTRIBUTIONS FROM THE GENERAL PUBLIC, THE THEATRE REPLICATES A NATIONAL PROGRAM CALLED THE PENGUIN PROJECT. THIS PROGRAM PROVIDES A SUPPORTIVE ENVIRONMENT FOR CHILDREN WITH DISABILITIES TO EXPRESS THEIR CREATIVE TALENT BY PREPARING FOR AND PERFORMING A MODIFIED VERSION OF A BROADWAY MUSICAL. A FEW OF THE PREVIOUS PRODUCTIONS INCLUDE ANNIE JR., ALADDIN JR., AND THE LION KING JR. FOR THE 2024 SEASON THE PENGUIN PROJECT PRESENTED WINNIE THE POOH.
- $35,809 spent. EACH SUMMER THE GREENWOOD COMMUNITY THEATRE PUTS ON WORKSHOPS. THESE WORKSHOPS PROVIDE EDUCATIONAL OPPORTUNITIES TO THE YOUTH OF GREENWOOD AND THE SURROUNDING COUNTIES.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1965.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.