Arts, Culture & Humanities
(A650)
IRS Verified
DX Registered
990 on File
HIGHLANDS COMMUNITY THEATRE INC
Financial strength (30%)
84/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Highlands Playhouse is dedicated to developing the culture of the greater Western North Carolina community through production and educational outreach. Your donation will be featured in the event program and will ensure the continued success of the second oldest professional theater in the state of North Carolina. Thank you very much for your consideration and for your support!
Financial Overview — FY 2025
$974K
Total Revenue
$1.1M
Total Expenses
$226K
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.6%
Fundraising Efficiency
N/A
Operating Reserve
2.57x
Liability-to-Asset
11.1%
Revenue Diversification
51.8%
Compared with Peers
FY 2025
Compared with 1,930 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
87.6% | 77.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.4% | 14.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.0% | 5.9% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.6 mo | 15.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
11.1% | 11.4% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
51.8% | 70.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-8.4% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-16.8% | 5.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-8.2% | 0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $974K | $1.1M | $226K | 87.6% | 5 |
| 2024 | $1.1M | $1.3M | $306K | 84.7% | 7 |
| 2023 | $1.2M | $1.2M | $509K | 84.8% | 6 |
| 2022 | $846K | $803K | $570K | 80.1% | 4 |
| 2021 | $785K | $459K | N/A | — | 28 |
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